HF1907

Purpose

• The bill aims to allocate funding to support economic development efforts through Youthprise. Specifically, it funds activities intended to enhance longterm economic selfsufficiency in communities statewide that have concentrated populations from the African diaspora.

Main Provisions

• Funding amount and period:
  • $3,000,000 in fiscal year 2026
  • $3,000,000 in fiscal year 2027
• Source and recipient:
  • Funds appropriated from the workforce development fund
  • To be provided to the commissioner of employment and economic development for a grant to Youthprise
• Purpose of funding:
  • To provide economic development services designed to improve longterm economic selfsufficiency in targeted communities
• Geographic focus:
  • Statewide, with emphasis on communities that have concentrated populations from the African diaspora
• Use of funds:
  • At least 50% of the grant must be used for subgrants to organizations serving communities located outside the sevencounty metropolitan area
• Definitions and scope:
  • The sevencounty metropolitan area is defined as in Minnesota Statutes section 473.121 subdivision 2
• Nature of the appropriation:
  • This is a one-time appropriation

Significant Changes

• Establishes a new, one-time infusion of funds specifically designated for Youthprise to support economic development services targeting African diaspora communities
• Requires substantial local reach by subgrants (at least 50%), extending support beyond the sevencounty metropolitan area

Terminology and Concepts Emphasized

• Workforce development fund
• Commissioner of employment and economic development
• Youthprise
• Economic development services
• Longterm economic selfsufficiency
• African diaspora
• Subgrants
• sevencounty metropolitan area
• Minnesota Statutes section 473.121 subdivision 2
• One-time appropriation

Relevant Terms - workforce development fund - commissioner of employment and economic development - Youthprise - economic development services - longterm economic selfsufficiency - African diaspora - subgrants - sevencounty metropolitan area - Minnesota Statutes section 473.121 subdivision 2 - one-time appropriation