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Committee approves referral for bill to let higher‑education bond authority finance nonprofit health and senior‑living projects
Summary
House File 1165 would rename the Minnesota Higher Education Facilities Authority to permit financing of nonprofit health care and senior living projects; sponsors said the authority is self‑funded and has decades of experience. The committee voted to refer the bill to Higher Education Finance and Policy.
Representative Barner introduced House File 1165 to expand the Minnesota Higher Education Facilities Authority (MHEFA) so it may also finance nonprofit health‑care and senior‑living projects. "I want to introduce you today to one of the state's best kept secrets, the Minnesota Higher Education Facilities Authority," Representative Barner said,…
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