Additional financing mechanisms to support Minnesota Climate Innovation Financing Authority activities provided.

Summary

The bill amends state law to let the Minnesota Climate Innovation Financing Authority (CFIA) borrow money, sell loan‑related securities, and enter financing agreements with lenders. It also broadens the Authority’s duties to provide technical assistance, leverage private investment, and apply for federal greenhouse‑gas‑reduction grants. The changes aim to increase funding options for clean‑energy projects across the state, especially in underserved communities.

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