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MN SF3766
Bill
Status
Introduced
3/22/2018
Primary Sponsor
Dan Hall
Click for details
AI Summary
- $25,000,000 appropriated from the general fund in fiscal year 2019 to the commissioner of housing finance for a developer grant for construction or financing of approximately 138-unit mixed-use, multifamily development at 900 Cedar Avenue South, Minneapolis.
- Development must include retail space and both affordable and market rate rental properties, with developer required to provide matching funds.
- $300,000 appropriated from the general fund in fiscal year 2019 to the commissioner of employment and economic development for the job creation fund under Minnesota Statutes, section 116J.8748.
- Commissioner of employment and economic development shall certify the 900 Cedar Avenue South developer as eligible to receive the job creation award.
- Appropriations are onetime only and available until expended.
Legislative Description
Minneapolis mixed-use multifamily housing grant appropriation
Last Action
Referred to Jobs and Economic Growth Finance and Policy
3/22/2018
Committee Referrals
Jobs and Economic Growth Finance and Policy3/22/2018
Full Bill Text
No bill text available