Minnesota HF2427 provides funding for construction mitigation grants to small businesses affected by construction on Arcade Street and East 7th.
Minnesota HF2427 establishes a program to provide construction mitigation grants to small businesses in St. Paul affected by the Arcade Street and East 7th Street redesign and construction project. The bill defines a "qualified business" as one employing no more than 25 full-time or part-time employees that experiences substantial business impacts due to the construction. The commissioner of employment and economic development must enter into agreements with nonprofit corporations and community development financial institutions in St. Paul to award grants.
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