SF3830

Purpose

To provide a one-time funding source from the state’s general fund to support economic development by funding a grant to the Immigrant Development Center (a 501c3 nonprofit) to create a cultural mall in Moorhead. The project aims to benefit the local economy by creating jobs and housing for multiple businesses.

Main provisions

• A one-time appropriation from the general fund in fiscal year 2027 is made to the commissioner of employment and economic development.
• The grant is for the Immigrant Development Center to acquire, renovate, and reconstruct a building to house a cultural mall in Moorhead.
• The cultural mall is planned to include 75 businesses and to create 140 jobs.
• Grant funds may be used for the acquisition of the building, demolition work, improvements to or replacement of building systems, required site improvements, and improvements to interior spaces.
• This is a onetime appropriation, not an ongoing funding commitment.

Administration and implementation

• Administered by the Commissioner of Employment and Economic Development.
• The Immigrant Development Center is the recipient of the grant and must use the funds to implement the building project and related improvements as described.

Effects on existing law

• Establishes a new, one-time appropriation from the general fund for a grant to a nonprofit development organization; does not specify ongoing funding or changes to existing programs beyond creating this grant.

Timeline and scope

• Fiscal year 2027 is the target for the appropriation and project start, with construction and related improvements funded by the grant.

Expected outcomes

• Economic development in Moorhead through construction activity, housing of 75 businesses, and creation of 140 jobs.
• Enhanced cultural and community development via a dedicated cultural mall supported by immigrant-focused economic efforts.

Significance

• Emphasizes immigrant-focused economic development and the establishment of a cultural commerce hub as a strategic initiative within the state’s economic development portfolio.

Relevant Terms Immigrant Development Center Moorhead cultural mall 75 businesses 140 jobs general fund grant commissioner of employment and economic development 501c3 nonprofit acquire renovate reconstruct building demolition work building systems site improvements interior spaces one-time appropriation fiscal year 2027 Section 1