Video & Transcript Research : 'MHFA'
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MN
Minnesota 2025-2026 Regular Session
House Higher Education Finance and Policy Committee 4/3/25
Higher Education Finance and Policy
Transcript Highlights:
- The state agency, MHFA, takes its authority from the state, but it is fully self-funded, meaning all
- The state agency, MHFA, takes its authority from the state, but it is fully self-funded, meaning all
- MHFA would like to seek authority to do the same.
- In essence, MHFA is here today to ask the legislature for permission to apply their skills and low-cost
- in essence mhfa is here today<00:37:26.079>
to <00:37:26.319>ask <00:37:26.520>the<
MN
Minnesota 2025-2026 Regular Session
Committee on Housing and Homelessness Prevention - 03/06/25
Housing and Homelessness Prevention
Transcript Highlights:
- I will direct members' attention to the MHFA 2025 report on emergency rental assistance needs, which
- /c><00:22:31.080>
million <00:22:31.679>to <00:22:31.880>the <00:22:32.240>mhfa - <00:22:33.240>
to appropriated $10 million to the mhfa to appropriated $10 million to the - mhfa to implement<00:22:34.000>
for <00:22:34.279>both <00:22:34.600>for-profit < - program to to issue 0% allow mhfa program to to issue 0% forgivable<00:23:51.799>
loans <00:23
MN
Minnesota 2025-2026 Regular Session
Housing Committee Meeting - 2025-04-08
Housing Finance and Policy
Transcript Highlights:
- Section 1 of this article would require an annual report from the Minnesota Housing Finance Agency (MHFA
- Section 2, which starts on page 12, line 3, would require MHFA annually to convene a meeting with the
MN
Minnesota 2025-2026 Regular Session
Minnesota House passes housing supplemental finance and policy bill 5/4/26
Minnesota House Floor Meeting
Transcript Highlights:
- cost-neutral and come at a price tag of $22.3 million, and we're using unspent interest earnings within MHFA
- And I'll note that that's something that MHFA has done incredibly well. We want that to continue.
- uh, we're giving the legislature a little bit of line of sight in the future budgeting practices at MHFA
- And I'll note that that's something that MHFA has done incredibly well. We want that to continue.
- uh, we're giving the legislature a little bit of line of sight in the future budgeting practices at MHFA
Summary:
The House took up House File 1141, the Minnesota Housing Finance Agency supplemental budget bill. Representative Howard described it as a bipartisan housing package aimed at addressing Minnesota’s housing shortage by funding housing infrastructure bonds, Greater Minnesota workforce housing, homeowner education, a senior housing pilot, and family homelessness assistance and prevention. He said the bill is budget-neutral, using unspent interest earnings and other redirected funds, and includes transparency and accountability reforms for MHFA. Several members spoke in support, emphasizing housing supply, affordability, and the need for more homes across the state.
The main floor debate centered on the Norris A6 amendment and the Igo A1 amendment to it. Norris proposed changing rent-increase limits in low-income housing tax credit properties from area median income to the lower of area median income or the consumer price index, arguing that seniors on fixed incomes were being priced out as rents rose faster than Social Security COLAs. Igo’s A1 amendment instead would have preempted cities, counties, and townships from adopting or renewing rent control ordinances statewide, with supporters arguing rent control harms development and affordability. Opponents said the proposal had not been fully vetted in committee and that public subsidies justify rent limits. Both the A1 amendment to the amendment and the underlying A6 amendment failed on tied 67-67 votes.
After the amendments were defeated, the bill received its third reading and further discussion. Howard and other supporters reiterated that the bill would help produce an estimated 2,000 to 2,200 housing units, with HIB-funded projects historically spread across the metro and Greater Minnesota. Members also highlighted the bill’s support for first-time homebuyers, manufactured housing, senior housing, and homelessness prevention. No final passage vote is shown in the transcript excerpt.
MN
Transcript Highlights:
- Uh, for members that are on our housing committee, every year MHFA walks through each of their programs
- <00:37:38.400>
walks <00:37:38.720>through committee, every year MHFA walks through - committee, every year MHFA walks through each<00:37:39.200>
of <00:37:39.280>their <00: - He added that they specifically passed legislation in 2024 that mandated a report from MHFA, basically
- 2024 uh that mandated report from MHFA 2024 uh that mandated report from MHFA basically<00:49:34.720
Keywords:
HF2432, judiciary finance bill, public safety finance bill, corrections policy, crime victims, victim services, Minnesota victims of crime account, court fees, marriage license fee, financial crimes, fraud investigations, insurance fraud, Bureau of Criminal Apprehension, BCA, Commerce Fraud Bureau, wage theft, automobile theft prevention, nonprofit security grants, 911 funding, POST Board
MN
Transcript Highlights:
- And then in the past, the capital investment committee target has also included MHFA supportive housing
- 00:43:32.640>
Supportive <00:43:33.280>Housing <00:43:34.280>um also included mhfa - Supportive Housing um also included mhfa Supportive Housing um appropriation<00:43:35.160>
bonds< - Then trunk highway bonds, which is just under 30%, and then the various appropriation bonds, of which MHFA
- MHFA is one of the largest.
Summary:
The Capital Investment Committee met on January 16 for an informational overview on state bonding and capital investment. House Research analyst Chelsea Griffin and House Fiscal analyst Andrew Lee explained the nonpartisan roles of their offices and then walked members through the basics of Minnesota bonding: how bonds are issued and repaid, how they are categorized, and the main legal authorities governing state general obligation bonds, including the state constitution, Minnesota statutes, and federal tax law. Griffin emphasized that state GO bond proceeds must be used for a public purpose, for a purpose authorized in the constitution, as specifically described in law, and must mature within 20 years. She also noted that state GO bonding is typically originated in the House and that capital projects financed with state GO bonds generally require a three-fifths vote in each chamber.
The presentation also covered practical limits and requirements on bonding projects, including the distinction between state and local GO bonding, the role of bond counsel, restrictions on bond-financed property, the prohibition on reimbursing already-paid costs, and the full funding and non-state match requirements. In response to member questions, Griffin clarified that the full funding requirement in section 16A.502 means a project must be fully funded before the appropriation is available, while section 16A.86 reflects an expectation that local governments provide about half the financing for local projects, though the legislature can choose to fund more than half or waive a local match. She also said she did not believe a bill to make the 50 percent match requirement statutory passed last session.
Lee then began a spreadsheet-based overview of the 2023 capital budget laws, explaining how capital investment spreadsheets are organized and how different fund types appear in the documents. He highlighted examples such as University of Minnesota projects funded with GO bonds and Minnesota State projects using user financing, where the system contributes a share of project costs from non-state sources such as tuition or system revenues. The committee did not take any votes or formal actions during this informational meeting.
MN
Minnesota 2025-2026 Regular Session
Committee on Housing and Homelessness Prevention - 03/24/26
Housing and Homelessness Prevention
Transcript Highlights:
- Or was that a rule that MHFA created? Or where did that requirement come from?
- Kitzberger whether MHFA takes into consideration responsible land use and growth.
- Kitzberger, can you answer for me does<00:21:41.240>
MHFA <00:21:42.040>take <00:21:42.480 - >
into <00:21:43.320>consideration does MHFA take into consideration does MHFA take into
MN
Transcript Highlights:
- there's also a report that comes into every legislator's inbox every year with a housing report from MHFA
- there's also a report that comes into every legislator's inbox every year with a housing report from MHFA
- there's also a report that comes into every legislator's inbox every year with a housing report from MHFA
- there's also a report that comes into every legislator's inbox every year with a housing report from MHFA
- there's also a report that comes into every legislator's inbox every year with a housing report from MHFA
MN
Minnesota 2025-2026 Regular Session
Committee on Housing and Homelessness Prevention - 03/03/26
Housing and Homelessness Prevention
Transcript Highlights:
- On average, MHFA is only able to fund one in three applications that they receive for HIBs.
- The pipeline is there.<00:31:46.159>
On <00:31:46.399>average, <00:31:46.880>MHFA - On average, MHFA is only able to there.
- On average, MHFA is only able to fund<00:31:49.039>
one <00:31:49.360>in <00:31:49.679>< - Um but MHFA get another copy of that.
MN
Minnesota 2025-2026 Regular Session
Committee on Housing and Homelessness Prevention - 03/04/25
Housing and Homelessness Prevention
Transcript Highlights:
- The creation of a new revolving fund at MHFA would be the start of a self-generating housing system that
- In short, this bill would create a revolving loan fund at MHFA accessible by local municipalities.
- The creation of a new revolving fund at MHFA would be the start of a self-generating housing system that
- The creation of a new revolving fund at MHFA would be the start of a self-generating housing system that
- In short, this bill would create a revolving loan fund at MHFA accessible by local municipalities.
MN
Minnesota 2025-2026 Regular Session
Committee on Housing and Homelessness Prevention - 03/17/26
Housing and Homelessness Prevention
Transcript Highlights:
- I do have MHFA here if there are questions for them. Mr. Kitzberger is happy to answer all of them.
- Um,<00:55:58.360>
I <00:55:58.440>do <00:55:58.640>have <00:55:58.840>MHFA - Um, I do have MHFA here uh if moment.
- Um, I do have MHFA here uh if there<00:56:00.760>
are <00:56:00.840>questions there are
MN
Transcript Highlights:
- wonder if there are any questions from the committee or the commi— >> Did you have any presenters from MHFA
- 00:04:53.440>
any <00:04:54.240>presenters <00:04:54.960>from <00:04:55.280>MHFA - <00:04:55.919>
or >> Did you have any presenters from MHFA or >> Did you have - any presenters from MHFA or anything?
MN
Minnesota 2025-2026 Regular Session
House Human Services Finance and Policy Committee 4/15/26
Human Services Finance and Policy
Transcript Highlights:
- This is part of the MHFA policy bill.
- This is part of the MHFA policy bill.
- This is part of the MHFA policy bill.
- I'm happy to report that MHFA has opened applications and already has several hundred people that have
- I'm happy to report that MHFA has opened applications and already has several hundred people that have
Keywords:
housing aid, local housing trust, funding projects, income provisions, technical changes, human services, medical assistance, Medicaid, provider enrollment, provider revalidation, fraud prevention, program integrity, background study, background check, fingerprinting, licensing, license revocation, payment withholding, payment suspension, prepayment review
MN
Minnesota 2025 1st Special Session
Committee on Housing and Homelessness Prevention - 02/11/25
Housing and Homelessness Prevention
Transcript Highlights:
- On average, MHFA is only able to fund one in five applications that they receive, and we have many more
- On average, MHFA is only able to fund one in five applications that they receive, and we have many more
- these homes that money and how much in these homes that we<00:24:06.880>
that <00:24:07.000>mhfa - 08.200>
out <00:24:09.080>uh <00:24:09.240>is <00:24:10.159>fees we that mhfa - is putting out uh is fees we that mhfa is putting out uh is fees and<00:24:11.440>
charges <00
MN
Transcript Highlights:
- So they also then need to go through a process through MHFA to be listed, to contribute then. Okay.
- through a they also then need to go through a process<01:10:05.960>
through <01:10:06.160>MHFA - /c><01:10:07.400>
be <01:10:08.160>listed <01:10:09.280>place process through MHFA - to be listed place process through MHFA to be listed place to<01:10:09.680>
contribute <01:10:
Keywords:
day care, tax subtraction, child care costs, licensed child care, dependent care assistance, HF4321, dependent care assistance programs, gross income exclusion, federal conformity, Internal Revenue Code, individual income tax, Minnesota tax law, tax conformity, child care assistance, employer-provided dependent care, taxable income, state income tax, retroactive tax change, family care benefits, housing tax credit
MN
Transcript Highlights:
- Um, I do also have folks from MHFA and DOR here to talk need of, uh, this type of money?
- Um, I do also have folks<00:10:52.800>
from <00:10:53.279>MHFA <00:10:54.160>and DOR <00:10:55.279>here <00:10:55.760>to <00:10:56.160>talk Folks from MHFA- 52.880>
and <00:12:53.200>are Um, Madam Chair, I believe so, but if I may bring up the MHFA
MN
Transcript Highlights:
- this bill and may be moving separately in the commerce bill, and a Senate provision which prohibited MHFA
- 43.280>
provision <00:52:43.760>which <00:52:44.000>prohibited <00:52:44.640>MHFA - Senate provision which prohibited MHFA Senate provision which prohibited MHFA from<00:52:45.680>
MN
Minnesota 2025 1st Special Session
Committee on Judiciary and Public Safety - 04/28/25
Judiciary and Public Safety
Transcript Highlights:
- The concern that I'm getting from MHFA and other housing happens where it's $66.5 million happens where
- The concern that I'm getting<00:49:49.200>
from <00:49:50.000>MHFA <00:49:50.880>and - 49:51.200>
other <00:49:51.440>housing Senator Latz said that what he is getting from MHFA
MN
Transcript Highlights:
- MHFA has been in compliance with that.
- MHFA has been in compliance with that. MHFA has been in compliance with that.
Summary:
The Senate Tax Committee first approved the minutes from the previous meeting and then took up Senate File 11 at the request of the Judiciary Committee. The bill was removed from the table, recommended to pass, and referred to Judiciary. Members explained that the request was tied to data practices language in the bill and Judiciary’s jurisdiction over that subject.
The committee then heard Senate File 268, as amended by the A1 amendment. Senator Nelson said the bill would extend a sales tax exemption for certain physician-prescribed, non-durable medical goods to publicly and privately held health plans, aligning them with treatment already given to Medicare, Medicaid, and other government-paid plans. Testifiers from Corner Home Medical and the industry said current tax rules are confusing, audits are burdensome and expensive, and providers often end up paying tax themselves because insurers do not pay retroactively. They argued the bill would reduce administrative burden and create parity in the tax code. The committee adopted the A1 amendment and laid the bill over.
Finally, the committee heard Senate File 88, also amended by an A1 technical change. Senator Klein said the bill is intended to prevent the Department of Revenue from issuing retroactive assessments when taxpayers relied in good faith on prior audit guidance, so long as there was no material change in law, court interpretation, federal adjustment, or written notice from the commissioner. Department of Revenue staff said they had no formal position but explained how the bill would affect sample audits and noted it would require more detailed written guidance; they said normal audits would not change much. Supporters from the CPA Society and several senators said the bill would provide certainty and protect taxpayers from unexpected back taxes, while one senator questioned whether the bill was needed and whether it would bypass settlement or litigation. The bill was laid over after discussion.
MN
Transcript Highlights:
- So if there is a pot of money at PFA or DEED or MHFA and a community goes through that to get their project
- 46.400>
or there is a pot of money at PFA or DED or there is a pot of money at PFA or DED or MHFA community <01:24:49.600>goes <01:24:49.840>through <01:24:50.080>that MHFA- and a community goes through that MHFA and a community goes through that to<01:24:50.639>
get