1.1 	A bill for an act
1.2 	relating to housing; appropriating money for a grant to Community Action 
1.3 	Partnership of Hennepin County (CAP-HC) to increase affordable housing in the 
1.4 	Black community.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. APPROPRIATION; COMMUNITY ACTION PARTNERSHIP OF 
1.7 	HENNEPIN COUNTY.
 1.8 	$45,000,000 in fiscal year 2024 is appropriated from the general fund to the commissioner 
1.9 	of the Minnesota Housing Finance Agency for a grant to Community Action Partnership 
1.10 	of Hennepin County (CAP-HC) to provide affordable housing opportunities and thereby 
1.11 	reduce poverty and homelessness within the Black community. Of this amount, CAP-HC 
1.12 	must use:
1.13 	(1) $15,000,000 to build 75 houses to close the homeownership gap;
1.14 	(2) $10,000,000 to provide forgivable loans for down payment assistance to create 
1.15 	housing stabilization;
1.16 	(3) $5,000,000 to provide homeowner assistance for housing improvements, including 
1.17 	but not limited to mechanicals, HVAC, EV charging stations, and plumbing systems;
1.18 	(4) $5,000,000 for emergency rental assistance to provide transitional rental housing; 
1.19 	and
1.20 	(5) $10,000,000 for rent stabilization.
1.21 	This is a onetime appropriation and is available until expended.