HF2560

Purpose of the Bill

The purpose of this bill is to provide funding for the Rondo Community Land Trust in Saint Paul, Minnesota. The funding will be used for various development activities in a specific area of the city.

Main Provisions

• The bill allocates $6,000,000 from the general fund for the fiscal year 2026.
• This money is designated for the Rondo Community Land Trust, a non-profit organization, to support their projects.
• The funds will be used to acquire, design, develop, construct, remediate, and redevelop land parcels between Dale Street North and St. Albans Street North in Saint Paul, Minnesota.
• The appropriation can be spent on site improvements, infrastructure, and landscaping.

Significant Changes

• This is a one-time allocation and will remain available until the project is either completed or abandoned. This means funding will not be renewed annually or provided on a continual basis.
• The bill is meant to facilitate urban development specifically focused on the Rondo Community area, a historically significant neighborhood in St. Paul.

Relevant Terms

• Rondo Community Land Trust
• Appropriation
• Capital investment
• Redevelopment
• Infrastructure improvements