Minnesota Statutes Local Government Police Powers (Ch. 460-463) § 462A.2093. Innovative and inclusionary housing program

Subdivision 1. Definitions. For purposes of this section, the following terms have the meanings given them in this subdivision.

Subd. 2. Application criteria. The commissioner must give preference to economically viable proposals to the degree that they: (1) use innovative building techniques or materials to lower construction costs while maintaining high quality construction and livability; (2) are located in communities that have demonstrated a willingness to waive local restrictions which otherwise would increase costs of construction; and (3) include units affordable to households with incomes at or below 80 percent of the greater of state or area median income.

Cost savings from regulatory incentives must be reflected in the sale of all residences in an inclusionary housing development.