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Minnesota House of Representatives

Capital Investment

THIRTIETH MEETING

2023-2024 Regular Session - Monday, March 4, 2024

STATE OF MINNESOTA THIRTIETH MEETING
HOUSE OF REPRESENTATIVES NINETY-THIRD SESSION


CAPITAL INVESTMENT COMMITTEE MINUTES

Representative Fue Lee, Chair of the Capital Investment Committee, called the meeting to order at 1:00 PM on March 4, 2024, in the Basement Room of the State Office Building.

The Committee Legislative Assistant noted the roll.

Members present:
LEE, Fue, Chair
REYER, Liz, Vice-Chair
URDAHL, Dean, Republican Lead
CARROLL, Ned
FOGELMAN, Marj
FRANSON, Mary
GROSSELL, Matt
HANSEN, Rick
HUSSEIN, Samakab
KOZLOWSKI, Liish
LILLIE, Leon
MYERS, Andrew
PELOWSKI, Gene
SKRABA, Roger
WEST, Nolan
XIONG, Jay

Members excused:
WOLGAMOTT, Dan

A quorum was present.

Representative Reyer moved that the minutes from February 26, 2024 be adopted. THE MOTION PREVAILED.

Representative Reyer moved that the minutes from February 28, 2024 be adopted. THE MOTION PREVAILED.

Presentation from the Minnesota Housing Finance Agency on the Governor’s 2024 Bonding State Agency Recommendation.

Presenting:
• Rachel Robinson, Deputy Commissioner, Minnesota Housing Finance Agency

HF 4271 (Howard) Housing and redevelopment authorities authorized to create public corporations for the purpose of purchasing, owning, and operating properties converted under the federal Rental Assistance Demonstration program.

Chair Lee moved that HF 4271 be referred to the Housing Finance and Policy Committee.

Testifying:
• Melissa Tapthorn, Executive Director, Washington County Community Development Agency, Legislative Chair, Minnesota Nahro
• Abdi Warsame, Executive Director, Minneapolis Public Housing Authority
• Allison Streich, Deputy Director, Carver County Community Development Agency
• Jennifer Hassemer, Assistant Commissioner, Minnesota Management and Budget Office

Chair Lee renewed the motion to refer to the House Finance and Policy Committee. THE MOTION PREVAILED.

HF 4194 (Howard) Housing infrastructure bonds eligible uses expanded, and additional housing infrastructure bonds issuance authorized.

Chair Lee moved that HF 4271 be referred to the Housing Finance and Policy Committee.

Testifying:
• Elena Gaarder, CEO, Metropolitan Consortium of Community Developers

Chair Lee renewed the motion to refer to the House Finance and Policy Committee. THE MOTION PREVAILED.

HF 3631 (Lee) Previous appropriations for capital projects amended.

Chair Lee presented HF 3631 on an informational basis.

The meeting was adjourned at 1:44 PM.




Representative Fue Lee, Chair



Alayna Smieja, Committee Legislative Assistant
More Info On This Meeting..
Bills Added:
  • HF3631 (Lee) - Capital projects previous appropriations amended, and report submission date changed.
  • HF4194 (Howard) - Housing; prior appropriations modified, new programs established and existing programs modified, housing infrastructure bond eligible uses expanded, housing infrastructure bond issuance authorized, working group and task force established, reports required, and money appropriated.
  • HF4271 (Howard) - Housing and redevelopment authorities authorized to create public corporations for the purpose of purchasing, owning, and operating properties converted under the federal Rental Assistance Demonstration program.
Documents:
Audio:
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House TV Video:
View Archive

01:08 - Governor's 2024 bonding recommendations - Minnesota Housing Finance Agency.
14:24 - HF4271 (Howard) Housing and redevelopment authorities authorized to create public corporations for the purpose of purchasing, owning, and operating properties converted under the federal Rental Assistance Demonstration program.
31:06 - HF4194 (Howard) Housing infrastructure bonds eligible uses expanded, and additional housing infrastructure bonds issuance authorized.
40:21 - HF3631 (Lee, F.) Previous appropriations for capital projects amended.
Runs 44 minutes.

ADDED PRESENTATION:
2024 Governor's bonding recommendation for MN Housing Finance Agency

HF 3631 (Lee) Previous appropriations for capital projects amended. NOTE: HF 3631 will be heard on an informational only basis. No formal action will be taken.

The following bills will given an official hearing:
HF 4194 (Howard) Housing infrastructure bonds eligible uses expanded, and additional housing infrastructure bonds issuance authorized.
HF 4271 (Howard) Housing and redevelopment authorities authorized to create public corporations for the purpose of purchasing, owning, and operating properties converted under the federal Rental Assistance Demonstration program.

AMENDMENTS: Amendments to HF 4194 and HF 4271 are due to the Committee Administrator Jenny.Nash@house.mn.gov by 1:00 pm on Friday, March 1.

TESTIMONY: To sign up to testify on HF 4194 or HF 4271, please contact the Committee Administrator at Jenny.Nash@house.mn.gov by 1:00 pm on Friday, March 1. Written testimony should be submitted to the Committee Administrator by 3:00 pm on Friday, March 1. Submitted written testimony is public and will be included in the official committee record, and it may be posted to the committee webpage if received by the deadline

This hearing may be viewed via the House webcast schedule page. All events are closed captioned with automatically generated captions.

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