Minnesota Statutes Metropolitan Area (Ch. 473-473J) § 473.253. Livable communities demonstration account

Subdivision 1. Sources of funds. The council shall credit to the livable communities demonstration account the revenues provided in this subdivision. This tax shall be levied and collected in the manner provided bysection 473.13. The levy shall not exceed the following amount for the years specified:

Subd. 2. Distribution of funds. The council shall use the funds in the livable communities demonstration account to make grants or loans to municipalities participating in the local housing incentives program undersection 473.254or to metropolitan area counties or development authorities to fund the initiatives specified insection 473.25, paragraph (b), in participating municipalities. A grant to a metropolitan county or a development authority must be used for a project in a participating municipality. For the purpose of this section, “development authority” means a statutory or home rule charter city, housing and redevelopment authority, economic development authority, or port authority.