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Representative Howard presents $400 million housing infrastructure bond bill; advocates urge funding to address statewide shortfall
Summary
House File 1141 would authorize $400 million in housing infrastructure bonds. Chair Howard and testimony from nonprofit developers highlighted a statewide shortage of affordable homes and urged the committee to preserve pipeline funding.
Chair John Howard (Representative Howard) presented House File 1141 to the Capital Investment Committee on March 25, proposing $400 million in housing infrastructure bonds to expand affordable housing across Minnesota.
"This is our tool, to provide thousands of units," Howard said, arguing the HIB mechanism is the state's "bread and butter" for housing capital. He told the committee that more than…
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