Minnesota SF5157 appropriates $3,000,000 to the Rondo Community Land Trust for small business grants along University or Selby Avenue.

Minnesota SF5157 allocates $3,000,000 from the general fund for the Rondo Community Land Trust to provide grants and forgivable loans to small businesses in St. Paul along University or Selby Avenue. Priority is given to locally owned businesses owned by entrepreneurs from historically underserved communities that faced financial hardship due to Operation Metro Surge or other disruptions. The Rondo Community Land Trust can use up to 10% of the funds for administrative costs.

Minnesota SF5157 appropriates $3,000,000 to the Rondo Community Land Trust for small business grants along University or Selby Avenue.

Minnesota SF5157 allocates $3,000,000 from the general fund for the Rondo Community Land Trust to provide grants and forgivable loans to small businesses in St. Paul along University or Selby Avenue. Priority is given to locally owned businesses owned by entrepreneurs from historically underserved communities that faced financial hardship due to Operation Metro Surge or other disruptions. The Rondo Community Land Trust can use up to 10% of the funds for administrative costs.