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Senate Counsel, Research and Fiscal Analysis
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Minnesota Senate Bldg.
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95 University Avenue W. Suite 3300
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St. Paul, MN 55155
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(651) 296-4791
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Alexis C. Stangl
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Director
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Senate
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State of Minnesota
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S.F. No. 650 - Tofte Municipal Housing (First Engrossment)
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Author:
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Senator Thomas M. Bakk
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Prepared By:
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Alexis C. Stangl, Senate Counsel (651/296-4397)
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Date:
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March 19, 2015
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S.F. No. 650 allows the town of Tofte to own and operate housing projects for low-income, moderate-income, and individuals over 55 years of age and families. For these purposes, Tofte is given the powers of a Housing and Redevelopment Authority and municipal housing powers. Tofte may levy a tax to pay for the projects. The Cook County/Grand Marais Joint Economic Development Authority is not limited in exercising its power within Tofte. The bill is effective the day after local approval.
ACS/syl
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Check on the status of this bill
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Last review or update: 03/19/2015
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