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Housing Finance and Policy

FOURTEENTH MEETING

2013-2014 Regular Session - March 11, 2013

STATE OF MINNESOTA FOURTEENTH MEETING
HOUSE OF REPRESENTATIVES EIGHTY-EIGHTH SESSION

COMMITTEE ON HOUSING FINANCE AND POLICY
Chair, Representative Karen Clark

MINUTES

Chair Clark called the fourteenth meeting of the Committee on Housing Finance and Policy to order at 12:35pm on 3/11/2013 in the Basement Hearing Room of the State Office Building.

The Committee Legislative Assistant noted the roll.

Members present:
Clark, Karen, Chair
Bly, David, Vice-Chair
Anderson, Paul, Lead GOP
Fischer, Peter
Green, Steve
Hertaus, Jerry
Isaacson, Jason
Mariani, Carlos
Metsa, Jason
Moran, Rena
O'Neill, Marion
Radinovich, Joe
Schomacker, Joe
Zerwas, Nick

A quorum was present.

Representative Bly moved that HF536 (Davnie) be recommended to pass.

Representative Davnie presented HF536 (Davnie). Sellers in real estate sales for contracts for deed notice requirement, and civil action remedy for violations of the notice requirements for contracts for deed created.

Testimony on HF536:
Ron Elwood, Legal Aid
Ryan Hamilton, Minnesota Association of Realtors

Representative Clark moved to amend HF536. (See attached amendment H0536DE2). THE MOTION PREVAILED. THE AMENDMENT WAS ADOPTED.

Representative Bly moved that HF536 as amended, be recommended to pass and be re-referred to the Committee on Civil Law.

A division was requested on the motion. There were 7 ayes, 6 nays. THE MOTION PREVAILED.

Representative Isaacson moved to reconsider HF536. THE MOTION PREVAILED.

Representative Bly moved that HF536 as amended, be recommended to pass and be re-referred to the Committee on Civil Law. THE MOTION PREVAILED.

Representative Fischer assumed the Chair at 1pm.

Representative Clark moved that HF1344 (Clark) be recommended to pass.

Representative Clark presented HF1344 (Clark). Housing Finance Agency money appropriated.

Testimony on HF1344:
Mary Tingerthal, Commissioner, Minnesota Housing Finance Agency
Paul Fate, Common Bond Communities
Eric Otterness, Lake Area Mortgage
Suzanne Snyder, Greater Metropolitan Housing Corporation
Mikkel Beckmen, St. Stephen’s Human Services, Inc.
Brenda Cassellius, Commissioner, Minnesota Department of Education
Ron Solheid,
Jean Lee, Children Hope International

Chair Fischer laid over HF1344.

The meeting was recessed at 1:45pm, to reconvene at 6pm.

Chair Clark reconvened the meeting at 6:04pm.

Rep. Fischer moved that the minutes of March 6, 2013 be approved. THE MOTION PREVAILED AND THE MINUTES WERE APPROVED.

Rep. Fischer assumed Chair at 6:05pm.

Representative Clark moved that HF1055 (Clark) be recommended to pass.

Representative Clark presented HF1055 (Clark). Mortgage registry and deed tax deposit in an affordable housing fund provided for.

Testimony on HF1055:
Trista Matascastillo, Twin Cities Habitat for Humanity
Chip Halbach, Minnesota Housing Partnership

Representative Clark laid over HF1055 (Clark) for consideration at a later meeting.

Chair Clark reassumed the Chair at 6:20pm.

Representative Fischer moved that HF1377 (Hortman) be recommended to pass and re-referred to the Committee on Commerce and Consumer Protection Finance.

Representative Hortman presented HF1377 (Hortman). Mortgage lenders and servicers loss mitigation required.

Testimony on HF1377:
Ron Elwood, Legal Aid

Representative Isaacson moved to amend HF1377 as follows: to delete section 3 from HF1377. THE MOTION PREVAILED. THE AMENDMENT WAS ADOPTED.

Representative Fischer moved that HF1377 as amended, be recommended to pass and re-referred to the Committee on Commerce and Consumer Protection Finance. THE MOTION PREVAILED.


The meeting was adjourned at 6:49pm

___________________________
Representative Karen Clark, Chair

_________________________________________
Martha Ockenfels-Martinez, Committee Legislative Assistant
More Info On This Meeting..
Bills Added:
  • HF536 (Davnie) - Residential property contracts for deed notice established, and remedies provided.
  • HF8 (Mullery) - Supporting Responsible Homeowners and Stabilizing Neighborhoods Act enacted, and homeowner opportunities provided in regard to underwater mortgage loans and foreclosure relief on residential homestead property.
  • HF1344 (Clark) - Omnibus housing finance and policy bill.
Documents:

Informational hearing will take place on the governor's proposals aroung housing initiatives and programs (HF1344).