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Committee hears bipartisan support to continue funding FAME asset-building program

5101684 · March 18, 2025
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Summary

Members heard testimony and public stories supporting House File 776 to add $1.5 million per year to the base to continue the Family Assets for Independence in Minnesota (FAME) program; the committee laid the bill over for possible omnibus inclusion.

The Children and Families Committee on Oct. 12 heard several hours of testimony in support of House File 776, a bill to maintain and expand funding for the Family Assets for Independence in Minnesota (FAME) program, and laid the bill over for possible inclusion in an omnibus package.

Vice Chair Hansen, sponsor of House File 776, told the committee that the bill would add $1.5 million to the base each fiscal year to keep FAME’s matching and coaching services operating at current levels. “FAME helps Minnesotans save money for key investments that create long term financial stability,” Hansen said.

Why it matters: Testimony from program…

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