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Minn. Stat. § 466A.06

Eligible Uses for Community Resource Money

Minnesota · Minnesota Statutes Chapter 466A — Community Resources Program · Status: effective

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Minn. Stat. § 466A.06, Eligible Uses for Community Resource Money, Minnesota, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1736364
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Subdivision 1. Eligible uses. The city may use up to 20 percent of the community resource money for low-income housing needs and economic development in targeted neighborhoods. Not more than 40 percent of this amount may be used to address low-income housing needs citywide. If a resident of a targeted neighborhood is a recipient of resource services and moves to a residence in another part of the city, eligibility continues for the community resources services. Subd. 2. MS 1990 [Repealed, 1992 c 412 s 2]