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Minnesota

Minnesota state law (MINN. STAT. §§ 471.9997, 504B.255) requires owners of federally-subsidized rental housing to give tenants a one-year written notice of an intended mortgage prepayment, the termination or non-renewal of Section 8 contracts or mortgages or the termination of other housing subsidy programs. The owner must also, at the same time, submit a statement of impact to tenants, the state, and if located within the Twin Cities metropolitan area (as defined by statute), to the Metropolitan Council. The impact statement must identify the number of units that will no longer be subject to rent restrictions, the estimated non-restricted rents and “actions the owner will take to assist displaced tenants in obtaining other housing.”

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