- Created: Thursday, 04 May 2017 13:35
The housing omnibus bill (S.F. 1937 / H.F. 2209) is finally here.
Until this Monday around noon, the policy team was gearing up to fight hard against a cut in the Minnesota House budget to the Challenge Fund. Leading up to that point, there was no indication that we should be hopeful that the House wouldn’t cut the program.
But, when the housing omnibus bill came out on Monday, we were pleasantly surprised.
All in all, the bill is better than expected. For the most part, it adopts the Senate’s housing bill, meaning it does not cut Challenge, and it maintains the Minnesota Housing Finance Agency (MHFA) budget at last year's numbers.