Single-family home ownership restricted for corporate entities, increased deed tax rates on conveyances of single-family homes provided to corporate owners, state portion of revenues dedicated from the increased deed tax rates for the workforce and affordable homeownership program, and statewide landlord database created.
Report on the affordable housing industry required, maximum compliance period for certain low-income tax credit commitment requirements set, and commissioner of Minnesota Housing Finance Agency required to identify avenues for potential regulatory relief to affordable housing providers.