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<br />o $1,500,000 in funding assistance to dredge Lake Orono in Elk River from proceeds <br />from the state Environment and Natural Resources Trust Fund. <br />o $10 million in general obligation bonding authority for the Minnesota Housing <br />Finance Agency (“MHFA”) to provide financing for public housing rehabilitation. <br />o $30 million in housing infrastructure bonding authority for the MHFA to provide <br />financing for permanent housing for those with behavior health needs. <br />o $50 million in housing infrastructure bonding authority for the MHFA to provide <br />financing for non-profit affordable housing projects. Effective July 1, 2018. <br /> DEED Programs and Funding. No new funding was provided for Minnesota Department <br />of Employment and Economic Development (“DEED”) economic development grant and <br />loan programs. Funding for certain DEED programs will continue with previously <br />appropriated agency funds on hand. <br /> Tax Increment Financing (TIF). There were no modifications to Minnesota Statutes, <br />Sections 469.174 through 469.1794 in the 2018 session. <br /> Tax Abatement. There were no changes to the tax abatement act, Minnesota Statutes, <br />Sections 469.1813 through 469.1815. <br />2 <br />550913v2 GAF EL185-13 <br />