Rondo Community Land Trust grant appropriation

Summary

The bill earmarks $3 million from the state’s general fund for the Rondo Community Land Trust to give grants and forgivable loans to small businesses on St. Paul’s University Avenue and Selby Avenue corridors. It targets locally owned firms, especially those run by entrepreneurs from historically underserved communities or hit by recent disruptions. The goal is to help these businesses stay open, retain staff, and support neighborhood economic recovery.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share