Minn. Stat. § 462A § 462A.355
ADVANCES TO MINNESOTA MANUFACTURED HOME RELOCATION TRUST FUND.
Operative Text
(a) The Minnesota Housing Finance Agency or Department of Management and Budget as determined by the commissioner of management and budget, is authorized to advance up to $400,000 from state appropriations or other resources to the Minnesota manufactured home relocation trust fund established under section 462A.35 if the account balance in the Minnesota manufactured home relocation trust fund is insufficient to pay the amounts claimed under section 327C.095, subdivision 13. (b) The Minnesota Housing Finance Agency or Department of Management and Budget shall be reimbursed from the Minnesota manufactured home relocation trust fund for any money advanced by the agency under paragraph (a) to the fund. Approved claims for payment to manufactured home owners shall be paid prior to the money being advanced by the agency or the department to the fund.
Under Minn. Stat. § 462A.355, state agencies may advance up to $400,000 to the Minnesota Manufactured Home Relocation Trust Fund when that fund lacks sufficient balance to cover approved claims. Any such advance must be repaid to the advancing agency from the trust fund, and approved claims to manufactured home owners are paid before the advance is made. This provision functions as a financial backstop ensuring that eligible claimants are not left waiting simply because the trust fund runs low.
Plain English — not legal advice.
Minn. Stat. § 462A.355 governs a state-level liquidity mechanism for the Manufactured Home Relocation Trust Fund and does not impose direct compliance obligations on park owners beyond those already established under the broader manufactured home park statutes. Operators who are required to contribute to the trust fund under related provisions should be aware that this backstop exists to ensure claims are paid even when the fund balance is temporarily insufficient. Maintaining accurate records of required contributions helps demonstrate compliance with the overall trust fund framework.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Minn. Stat. § 462A.355 provides a financial safety net for manufactured home owners who have approved relocation claims under section 327C.095, ensuring those claims can be paid even if the trust fund balance is temporarily low. Residents who believe they have a qualifying relocation claim may look to the Minnesota Housing Finance Agency and the trust fund framework as the source of those payments. Tenant-rights organizations and legal aid services familiar with Minnesota manufactured home park law can help residents understand the claims process under the related provisions.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated September 30, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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