Minnesota legislation · 94th Legislature 2025-2026
Minnesota SF5157: Rondo Community Land Trust grant appropriation
Status: In committee, April 16, 2026
What the bill says
A bill for an act relating to economic development; appropriating money for a grant to the Rondo Community Land Trust; requiring a report. new text begin [ADDED: (a) $3,000,000 in fiscal year 2026 is appropriated from the general fund to the commissioner of employment and economic development for a grant to the Rondo Community Land Trust to provide grants and forgivable loans to small businesses located in the city of St. Paul along the University Avenue or Selby Avenue corridor.] new text end new text begin [ADDED: (b) The Rondo Community Land Trust shall establish and administer a small busi.
From the introduced text, April 15, 2026:
A bill for an act relating to economic development; appropriating money for a grant to the Rondo Community Land Trust; requiring a report. new text begin [ADDED: (a) $3,000,000 in fiscal year 2026 is appropriated from the general fund to the commissioner of employment and economic development for a grant to the Rondo Community Land Trust to provide grants and forgivable loans to small businesses located in the city of St. Paul along the University Avenue or Selby Avenue corridor.] new text end new text begin [ADDED: (b) The Rondo Community Land Trust shall establish and administer a small business assistance program to support the stabilization, recovery, and growth of locally owned businesses operating along the University Avenue or Selby Avenue corridor.] new text end new text begin [ADDED: (c) Grants awarded by the Rondo Community Land Trust under this section may be used for:] new text end new text begin [] new text end new text begin [] new text end new text begin [] new text end new text begin [] new text end new text begin [ and] new text end new text begin [ADDED: (6) other operational expenses necessary to stabilize and support small business activity.] new text end new text begin [ADDED: (d) In awarding grants, the Rondo Community Land Trust must give priority to …
Sponsors
- Sandra Pappas (D) · primary sponsor