Neighborhood Development Center grant funding provided, and money appropriated.
HF 1246 appropriates $2.25 million from the general fund for fiscal year 2026 to the Neighborhood Development Center (NDC) in Minnesota. The funds support NDC's small business programs, including training, lending, business services, and real estate initiatives. Money may also assist organizations outside the seven-county metro area with technical assistance and grants, provide one-on-one entrepreneur support, and fund a cybersecurity center's operations and marketing. This is a one-time appropriation, with unspent funds carrying over to the second year.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 20, 2025
Last action Feb 20, 2025
Floor votes
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Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Feb 20, 2025
Introduced
Introduction and first reading, referred to Workforce, Labor, and Economic Development Finance and Policy
lower
1 primary · 4 co-sponsors
Sponsors
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