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Senate bill would boost funding for Minnesota's homebuyer counseling program (HECAT) to $2 million annually
Summary
Senate File 1533 would increase annual funding for the Homeownership Education, Counseling and Training (HECAT) program to $2 million. Testimony emphasized counseling reach, multilingual services, foreclosure prevention, and program cost-effectiveness.
Senator Mohammed presented Senate File 1533 seeking to raise annual funding for the Homeownership Education, Counseling and Training (HECAT) fund to $2,000,000. The sponsor framed the request as support for the education and counseling services that prepare first-time and first-generation homebuyers to obtain and sustain homeownership.
Multiple witnesses described how HECAT-funded counseling and education operate across Greater Minnesota and the Twin Cities. Roxanne…
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