Wage Theft Prevention and Prevailing Wage Requirements
Prevailing Wage RequirementsMoreLess
Prevailing Wage Requirements
In the 2023 and 2024 legislative sessions, the state prevailing wage statutes (Minnesota Statute 116j.871) were amended to include new reporting requirements and to broaden prevailing wage applicability for multifamily rental housing projects that receive funding from Minnesota Housing. These changes help ensure compliance with state statutes and streamline reporting procedures.
Wage Theft PreventionMoreLess
Wage Theft Prevention
Minnesota Statute 462A.051 requires applicants for Minnesota Housing funding to disclose any wage theft-related violations from the past five years. This includes convictions, court judgments, legal settlements, ongoing investigations, or lawsuits. These requirements apply to all multiunit residential housing projects seeking funding after August 1, 2024, regardless of award amount or use of loan proceeds.
To comply, applicants must submit required forms, maintain transparency, and ensure contractors meet Minnesota’s responsible contractor criteria. Failure to comply may result in denied or withheld funding.