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Minnesota Statutes, Title Minnesota Statutes

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Minnesota/Statutes

← All Minnesota coverage

Title Minnesota Statutes, Minnesota Statutes

1,133 chapters · 28,363 sections in this title.

All chapters in Title Minnesota Statutes28,363 Ch 336, UNIFORM COMMERCIAL CODE642 Ch 524, UNIFORM PROBATE CODE394 Ch 609, CRIMINAL CODE377 Ch 144, DEPARTMENT OF HEALTH361 Ch 469, ECONOMIC DEVELOPMENT257 Ch 473, METROPOLITAN GOVERNMENT247 Ch 148, PUBLIC HEALTH OCCUPATIONS206 Ch 169, TRAFFIC REGULATIONS200 Ch 256B, MEDICAL ASSISTANCE FOR NEEDY PERSONS196 Ch 60A, GENERAL INSURANCE POWERS195 Ch 13, GOVERNMENT DATA PRACTICES177 Ch 115A, WASTE MANAGEMENT171 Ch 325F, CONSUMER PROTECTION; PRODUCTS AND SALES168 Ch 383B, HENNEPIN COUNTY168

64 sections·Filtered byTitle Minnesota Statutes✕Ch 462A✕

Minn. Stat. § 462A.01 CITATION.
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462A.01 CITATION. Sections 462A.01 to 462A.34 shall be known as and may be cited as the "Minnesota Housing Finance Agency Law of 1971." History: 1971 c 702 s 1; 1Sp2001 c 4 art 4 s 1
Minn. Stat. § 462A.02 POLICY.
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462A.02 POLICY. § Subdivision 1.Findings; housing shortage. It is hereby found and declared that as a result of public actions involving highways, public facilities and urban renewal activities, and as a result of the spread of deteriorated housing and blight to formerly sound ur…
Minn. Stat. § 462A.03 DEFINITIONS.
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462A.03 DEFINITIONS. § Subdivision 1.Application. For the purpose of this chapter, the terms defined in this section have the meanings ascribed to them. § Subd. 2.Development costs. "Development costs" means the costs approved by the agency as appropriate expenditures which may b…
Minn. Stat. § 462A.04 HOUSING FINANCE AGENCY.
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462A.04 HOUSING FINANCE AGENCY. § Subdivision 1.Creation; members. There is created a public body corporate and politic to be known as the "Minnesota Housing Finance Agency," which shall perform the governmental functions and exercise the sovereign powers delegated to it in this …

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Minn. Stat. § 462A.041 MEETINGS BY TELEPHONE OR OTHER ELECTRONIC MEANS.

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462A.041 MEETINGS BY TELEPHONE OR OTHER ELECTRONIC MEANS. (a) Notwithstanding sections 13D.01 and 13D.02, the Housing Finance Agency may conduct a meeting of its members by telephone or other electronic means so long as the following conditions are met: (1) all members of the age…

Minn. Stat. § 462A.05 SPECIFIC POWERS OF THE AGENCY.

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462A.05 SPECIFIC POWERS OF THE AGENCY. § Subdivision 1.Application. The agency shall have the specific powers and duties set forth in this section. § Subd. 2.Residential construction loans. It may make or participate in the making of eligible construction loans to sponsors or bui…

Minn. Stat. § 462A.051 WAGE THEFT PREVENTION AND USE OF RESPONSIBLE CONTRACTORS.

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462A.051 WAGE THEFT PREVENTION AND USE OF RESPONSIBLE CONTRACTORS. § Subdivision 1.Definitions. (a) For the purposes of this section, the following terms have the meanings given. (b) "Project sponsor" means an individual, legal entity, or nonprofit board that exercises control, f…

Minn. Stat. § 462A.057 MINNESOTA URBAN AND RURAL HOMESTEADING PROGRAM.

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462A.057 MINNESOTA URBAN AND RURAL HOMESTEADING PROGRAM. § Subdivision 1.Establishment; purpose. The agency may establish the Minnesota urban and rural homesteading program for the purpose of making grants or loans to eligible applicants to acquire, rehabilitate, demolish or remo…

Minn. Stat. § 462A.06 GENERAL POWERS OF THE AGENCY.

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462A.06 GENERAL POWERS OF THE AGENCY. § Subdivision 1.Listed here. For the purpose of exercising the specific powers granted in section 462A.05 and effectuating the other purposes of this chapter, the agency shall have the general powers granted in this section. § Subd. 2.Suits. …

Minn. Stat. § 462A.065 FINANCIAL INFORMATION.

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462A.065 FINANCIAL INFORMATION. Financial information, including but not limited to credit reports, financial statements and net worth calculations, received or prepared by the agency regarding any agency loan or grant and the name of each individual who is the recipient of an ag…

Minn. Stat. § 462A.07 ADDITIONAL POWERS AND DUTIES OF THE AGENCY.

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462A.07 ADDITIONAL POWERS AND DUTIES OF THE AGENCY. § Subdivision 1.Application. In addition to the powers granted in sections 462A.05 and 462A.06 the agency shall have the further powers granted in this section. § Subd. 2.Technical assistance; residential housing. It may provide…

Minn. Stat. § 462A.073 SINGLE-FAMILY MORTGAGE BONDS; LIMITATIONS.

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462A.073 SINGLE-FAMILY MORTGAGE BONDS; LIMITATIONS. § Subdivision 1.Definitions. (a) For purposes of this section, the following terms have the meanings given them. (b) "Existing housing" means single-family housing that (i) has been previously occupied prior to the first day of …

Minn. Stat. § 462A.08 BONDS AND NOTES; PURPOSES, TERMS, APPROVAL.

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462A.08 BONDS AND NOTES; PURPOSES, TERMS, APPROVAL. § Subdivision 1.Issue of bonds and notes; generally. The agency from time to time may issue its bonds and notes in such principal amount as, in the opinion of the agency, shall be necessary to provide sufficient funds for achiev…

Minn. Stat. § 462A.09 BONDS AND NOTES; RESOLUTIONS AUTHORIZING, ADDITIONAL TERMS, SALE.

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462A.09 BONDS AND NOTES; RESOLUTIONS AUTHORIZING, ADDITIONAL TERMS, SALE. The notes and bonds of the agency shall be authorized by a resolution or resolutions adopted by the agency, shall bear such date or dates, shall mature at such time or times, shall bear interest at such rat…

Minn. Stat. § 462A.10 BONDS AND NOTES; OPTIONAL RESOLUTION AND CONTRACT PROVISIONS.

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462A.10 BONDS AND NOTES; OPTIONAL RESOLUTION AND CONTRACT PROVISIONS. § Subdivision 1.Resolution terms part of contract. Any resolution authorizing any notes or bonds or any issue thereof may contain provisions, which shall be a part of the contract with the holders thereof, as t…

Minn. Stat. § 462A.105 INTEREST RATE EXCHANGES.

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462A.105 INTEREST RATE EXCHANGES. The agency may enter into an agreement with a third party for an exchange of interest rates under this section. With respect to bonds or notes outstanding or proposed to be issued bearing interest at a variable rate, the agency may agree to pay s…

Minn. Stat. § 462A.11 PLEDGES.

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462A.11 PLEDGES. Any pledge made by the agency shall be valid and binding from the time when the pledge is made, the moneys or property so pledged and thereafter received by the agency shall immediately be subject to the lien of such pledge without any physical delivery thereof o…

Minn. Stat. § 462A.12 BONDS AND NOTES; NONLIABILITY OF INDIVIDUALS.

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462A.12 BONDS AND NOTES; NONLIABILITY OF INDIVIDUALS. Neither the members of the agency nor any person executing the notes or bonds shall be liable personally on the notes or bonds or be subject to any personal liability or accountability by reason of the issuance thereof. Histor…

Minn. Stat. § 462A.13 BONDS AND NOTES; PURCHASE BY AGENCY.

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462A.13 BONDS AND NOTES; PURCHASE BY AGENCY. The agency, subject to such agreements with noteholders or bondholders as may then exist, shall have power out of any funds available therefor to purchase notes or bonds of the agency, either at initial issuance or at a subsequent date…

Minn. Stat. § 462A.14 BONDS AND NOTES; NONLIABILITY OF STATE.

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462A.14 BONDS AND NOTES; NONLIABILITY OF STATE. The state of Minnesota shall not be liable on notes or bonds of the agency and such notes and bonds shall not be a debt of the state. The notes and bonds shall contain on the face thereof, a statement to such effect. History: 1971 c…

Minn. Stat. § 462A.15 STATE PLEDGE AGAINST IMPAIRMENT OF CONTRACTS.

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462A.15 STATE PLEDGE AGAINST IMPAIRMENT OF CONTRACTS. The state pledges and agrees with the holders of any notes or bonds issued under this chapter, that the state will not limit or alter the rights vested in the agency to fulfill the terms of any agreements made with the holders…

Minn. Stat. § 462A.16 DEFAULT IN PAYMENTS; APPOINTMENT OF TRUSTEE.

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462A.16 DEFAULT IN PAYMENTS; APPOINTMENT OF TRUSTEE. If the agency defaults in the payment of principal or interest on any issue of notes or bonds after the same shall become due, whether at maturity or upon call for redemption, and such default continues for a period of 30 days,…

Minn. Stat. § 462A.17 POWERS AND DUTIES OF TRUSTEE.

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462A.17 POWERS AND DUTIES OF TRUSTEE. § Subdivision 1.Specific list. The trustee designated in any indenture or resolution securing an issue of notes or bonds, or a trustee appointed pursuant to section 462A.16, may, and upon written request of the holders of 25 percent in princi…

Minn. Stat. § 462A.18 MONEYS OF AGENCY.

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462A.18 MONEYS OF AGENCY. § Subdivision 1.Functions of commissioner of management and budget. All moneys of the agency, except as otherwise authorized or provided in this section, shall be paid to the commissioner of management and budget as agent of the agency, who shall not com…

Minn. Stat. § 462A.19 EXEMPTION FROM TAXES.

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462A.19 EXEMPTION FROM TAXES. § Subdivision 1.Property exempt from taxation. The property of the agency and its income and operation shall be exempt from all taxation by the state or any of its political subdivisions. § Subd. 2. MS 1982 [Repealed, 1983 c 213 s 25] History: 1971 c…

Minn. Stat. § 462A.20 HOUSING DEVELOPMENT FUND; CREATION, SOURCES.

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462A.20 HOUSING DEVELOPMENT FUND; CREATION, SOURCES. § Subdivision 1.Creation; revolving. There is created and established under the jurisdiction and control of the agency a revolving fund to be known as the "housing development fund." § Subd. 2.Which money in fund. There shall b…

Minn. Stat. § 462A.201 HOUSING TRUST FUND ACCOUNT.

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462A.201 HOUSING TRUST FUND ACCOUNT. § Subdivision 1.Creation. (a) The housing trust fund account is created as a separate account in the housing development fund. (b) The housing trust fund account consists of: (1) money appropriated and transferred from other state funds; (2) i…

Minn. Stat. § 462A.202 LOCAL GOVERNMENT UNIT HOUSING ACCOUNT.

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462A.202 LOCAL GOVERNMENT UNIT HOUSING ACCOUNT. § Subdivision 1.Account. The local government unit housing account is established as a separate account in the housing development fund. Money in the account is appropriated to the agency for loans to cities for the purposes specifi…

Minn. Stat. § 462A.2035 MANUFACTURED HOME PARK REDEVELOPMENT PROGRAM.

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462A.2035 MANUFACTURED HOME PARK REDEVELOPMENT PROGRAM. § Subdivision 1.Establishment. The agency shall establish a manufactured home park redevelopment program for the purpose of making manufactured home park redevelopment grants or loans for the purposes specified in this secti…

Minn. Stat. § 462A.2036 COOPERATIVE MANUFACTURED HOUSING INFRASTRUCTURE GRANT PROGRAM.

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462A.2036 COOPERATIVE MANUFACTURED HOUSING INFRASTRUCTURE GRANT PROGRAM. § Subdivision 1.Grant program established. The agency may make grants to counties and cities to provide up to 50 percent of the capital costs of housing infrastructure necessary for an eligible cooperative m…

Minn. Stat. § 462A.204 FAMILY HOMELESS PREVENTION AND ASSISTANCE PROGRAM.

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462A.204 FAMILY HOMELESS PREVENTION AND ASSISTANCE PROGRAM. § Subdivision 1.Establishment. The agency may establish a family homeless prevention and assistance program to assist families who are homeless or are at imminent risk of homelessness. The term "family" may include singl…

Minn. Stat. § 462A.2065 REPORT ON LOSS OF HOUSING.

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462A.2065 REPORT ON LOSS OF HOUSING. Each year, the commissioner shall report to the chair of the house of representatives Housing and Housing Finance Division and to the chair of the senate Jobs, Energy, and Community Development Committee, the information provided in the report…

Minn. Stat. § 462A.209 HOMEOWNERSHIP EDUCATION, COUNSELING, AND TRAINING PROGRAM.

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462A.209 HOMEOWNERSHIP EDUCATION, COUNSELING, AND TRAINING PROGRAM. § Subdivision 1.Full cycle homeownership services. The homeownership education, counseling, and training program shall be used to provide funding to community-based nonprofit organizations and political subdivisi…

Minn. Stat. § 462A.2091 CONTRACT FOR DEED GUARANTEE ACCOUNT.

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462A.2091 CONTRACT FOR DEED GUARANTEE ACCOUNT. § Subdivision 1.Creation. The contract for deed guarantee account is created as a separate account in the housing development fund. Money in the account is appropriated to the agency for the purposes of this section. The account cons…

Minn. Stat. § 462A.2093 INNOVATIVE AND INCLUSIONARY HOUSING PROGRAM.

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462A.2093 INNOVATIVE AND INCLUSIONARY HOUSING PROGRAM. § Subdivision 1.Definitions. For purposes of this section, the following terms have the meanings given them in this subdivision. (a) "Municipality" means a town or a statutory or home rule city. (b) "Nonmetropolitan" means th…

Minn. Stat. § 462A.2095 RENT ASSISTANCE PROGRAM.

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462A.2095 RENT ASSISTANCE PROGRAM. § Subdivision 1.Program established. (a) The state rent assistance account is established as a separate account in the housing development fund. Money in the account is appropriated to the agency for grants to program administrators for the purp…

Minn. Stat. § 462A.2096 ANNUAL PROJECTION OF EMERGENCY RENTAL ASSISTANCE NEEDS.

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462A.2096 ANNUAL PROJECTION OF EMERGENCY RENTAL ASSISTANCE NEEDS. The agency must develop a projection of emergency rental assistance needs in consultation with the commissioner of human services and representatives from county and Tribal housing administrators and housing nonpro…

Minn. Stat. § 462A.2097 RENTAL HOUSING.

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462A.2097 RENTAL HOUSING. The agency may establish a tenant-based or project-based rental housing assistance program for persons of low income or for persons with a mental illness or families that include an adult family member with a mental illness. Rental assistance may be in t…

Minn. Stat. § 462A.21 HOUSING DEVELOPMENT FUND; ADVANCES, USE REPAYMENT.

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462A.21 HOUSING DEVELOPMENT FUND; ADVANCES, USE REPAYMENT. § Subdivision 1.Purposes. The agency may use the moneys held in the housing development fund for the purposes provided in this section. § Subd. 2.Loans to nonprofit sponsors. It may make temporary loans to "nonprofit" spo…

Minn. Stat. § 462A.22 BOND FUND.

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462A.22 BOND FUND. § Subdivision 1.Agency debt capacity. The aggregate principal amount of general obligation bonds and notes which are outstanding at any time, excluding the principal amount of any bonds and notes refunded by the issuance of new bonds or notes, shall not exceed …

Minn. Stat. § 462A.221 DEFINITIONS.

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462A.221 DEFINITIONS. § Subdivision 1.Terms. For purposes of sections 462A.221 to 462A.225, the following terms have the meanings given them. § Subd. 1a.Allocating agency. "Allocating agency" means the Minnesota Housing Finance Agency and each county and city that allocates reser…

Minn. Stat. § 462A.222 LOW-INCOME HOUSING CREDITS.

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462A.222 LOW-INCOME HOUSING CREDITS. § Subdivision 1.Credit reservations. The agency shall reserve a portion of the annual state ceiling for low-income housing credits provided under section 42 of the Internal Revenue Code of 1986, as amended, to (1) cities with a population of a…

Minn. Stat. § 462A.223 MINNESOTA HOUSING FINANCE AGENCY; DESIGNATED AGENCY.

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462A.223 MINNESOTA HOUSING FINANCE AGENCY; DESIGNATED AGENCY. § Subdivision 1.Credits to qualified nonprofit organizations. The agency is designated as a housing credit agency with authority to provide low-income housing credits for projects involving qualified nonprofit organiza…

Minn. Stat. § 462A.225 STATE REGISTER NOTICE.

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462A.225 STATE REGISTER NOTICE. The agency shall publish in the State Register a notice of the availability electronically of all data relating to the state ceiling, state demographer population and rental unit estimates, and other information or procedures specified in section 4…

Minn. Stat. § 462A.235 COMMISSIONER OF COMMERCE; DUTIES.

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462A.235 COMMISSIONER OF COMMERCE; DUTIES. The commissioner of commerce shall strongly encourage all financial institutions organized under chapter 47 to cooperate with the Minnesota Housing Finance Agency to effectuate the purposes of the Minnesota Housing Finance Agency Law of …

Minn. Stat. § 462A.236 RULES.

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462A.236 RULES. The agency may adopt rules for the efficient administration of section 462A.05, subdivisions 14b, 18a, and 23. History: 1983 c 301 s 210; 1984 c 640 s 32; 1996 c 305 art 2 s 64

Minn. Stat. § 462A.24 CONSTRUCTION; GRANTS AND LOANS; PRIORITIES.

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462A.24 CONSTRUCTION; GRANTS AND LOANS; PRIORITIES. (a) This chapter is necessary for the welfare of the state of Minnesota and its inhabitants; therefore, it shall be liberally construed to effect its purpose. (b) To the extent practicable, the agency shall award grant and loan …

Minn. Stat. § 462A.29 INTERAGENCY COORDINATION ON HOMELESSNESS.

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462A.29 INTERAGENCY COORDINATION ON HOMELESSNESS. The agency shall coordinate services and activities of all state agencies relating to homelessness. The agency shall coordinate an investigation and review of the current system of service delivery to the homeless. The agency may …

Minn. Stat. § 462A.30 DEFINITIONS.

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462A.30 DEFINITIONS. § Subdivision 1.Applicability. The definitions in this section apply to sections 462A.02, subdivision 11, 462A.30, and 462A.31. § Subd. 2. MS 2000 [Repealed, 1Sp2001 c 4 art 4 s 39] § Subd. 3.First option to purchase. "First option to purchase" means a right …

Minn. Stat. § 462A.31 COMMUNITY LAND TRUSTS.

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462A.31 COMMUNITY LAND TRUSTS. § Subdivision 1.Purposes. A community land trust must have as one of its purposes the holding of land and the leasing of land for the purpose of preserving the affordability of housing on that land for persons and families of low and moderate income…