HF2560 (Legislative Session 94 (2025-2026))
Grant Community Land Trust grant funding provided, and money appropriated.
Related bill: SF2201
AI Generated Summary
Purpose of the Bill
The bill aims to provide financial support for infrastructure and development projects to the Rondo Community Land Trust in St. Paul, Minnesota.
Main Provisions
- It allocates $6,000,000 from the general fund for the fiscal year 2026.
- The funds are designated for the Rondo Community Land Trust, a nonprofit organization.
- This grant will be used for a range of projects including acquisition, design, predevelopment, development, construction, remediation, and redevelopment of specific parcels of land.
- The focus area for these activities is between Dale Street North and St. Albans Street North in the city of St. Paul.
- The appropriation allows flexibility for covering costs related to site improvements, infrastructure, and landscaping.
- This funding is a one-time allocation and will remain available until the project is either completed or abandoned.
Significant Changes
- This legislation represents a financial investment in the Rondo Community Land Trust, enhancing the redevelopment efforts within the St. Paul region by supporting community-oriented planning and development.
Relevant Terms
Rondo Community Land Trust, capital investment, nonprofit organization, redevelopment, St. Paul, infrastructure, appropriation, fiscal year 2026, site improvements, general fund.
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
March 19, 2025 | House | Floor | Action | Introduction and first reading, referred to | Capital Investment |