There is a newer version of this Section
2020 Minnesota Statutes
Chapters 466A - 470 — Local Economic Development
Chapter 466A — Community Resources Program
Section 466A.06 — Eligible Uses For Community Resource Money.
Universal Citation: MN Stat § 466A.06 (2020)
466A.06 ELIGIBLE USES FOR COMMUNITY RESOURCE MONEY.
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. [Repealed, 1992 c 412 s 2]History:
1989 c 290 art 11 s 6
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