House committee hears overview of House File 2445, housing finance bill with $75 million general‑fund target and $100 million in housing bonds

The House Finance and Policy Committee took testimony and technical briefings on House File 2445, the committee’s housing finance bill, during a committee hearing where nonpartisan staff and Minnesota Housing officials outlined the bill’s spending and policy provisions and advocates urged additional support for homelessness prevention, manufactured‑home communities and homeowner assistance.

The bill (DE2) in the committee’s packet is built around a $75 million general‑fund target for the fiscal 2026‑27 biennium and includes authorization for $100 million in housing infrastructure bonds, according to the House Fiscal Analysis spreadsheet presented to the committee. Nonpartisan staff said the DE2 timestamp on the spreadsheet is April 4 at 11:22 p.m.

Key appropriations and changes described by House Fiscal Analysis and House Research staff include one‑time and ongoing funding across several programs: one‑time $10 million each for a Challenge program and the Greater Minnesota Workforce Housing Development Program (fiscal 26‑27); $30.6 million for the…