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Lawmakers consider using Minnesota housing tax credit to leverage workforce housing in Greater Minnesota
Summary
Senate File 1906 would adjust the State Housing Tax Credit and related match rules so contributions can serve as matching funds for the Greater Minnesota workforce housing program and expand eligible uses and recipients. An oral amendment clarifying the geographic scope (outside the 7-county metro) was adopted before testimony.
Senator Nelson presented Senate File 1906, a bill to refine how Minnesota's State Housing Tax Credit contributions can be used for workforce housing development in Greater Minnesota. The committee adopted an oral amendment adding the words "outside the 7 County Metropolitan Area" to clarify that certain workforce housing match rules apply to projects in Greater Minnesota.
The proposal would allow contributions to the State Housing Tax Credit contribution…
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