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Bill would fund AEOA revolving fund to rehabilitate tax‑forfeited homes in northeastern Minnesota
Summary
Senate File 859 would provide $2 million to Arrowhead Economic Opportunity Agency to acquire, refurbish and resell tax‑forfeited homes as workforce housing; local leaders said the approach preserves housing stock, supports local contractors and returns properties to the tax base.
A bill before the Minnesota Senate Housing Committee would create a revolving fund to rehabilitate tax‑forfeited homes in northeastern Minnesota and sell them as affordable workforce housing.
Senate File 859, introduced by Senator Sarah Farnsworth, would appropriate $2 million in one‑time funding to the Arrowhead Economic Opportunity Agency (AEOA) to establish a revolving fund for workforce housing rehabilitation. AEOA Executive Director Scott Zaharik told the committee the agency serves a large region in northeastern Minnesota and has partnered with St. Louis County and Iron…
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