HF4557

Purpose

To provide funding for a new facility by renovating a blighted warehouse in North Minneapolis. The goal is to create a multi-use center that offers programming, employment training, health and wellness services, and space for a small business incubator, plus administrative offices for the Power of People Leadership Institute.

Main Provisions and How It Works

• Financial package: In fiscal year 2027, $2,850,000 is appropriated from Minnesota's general fund.
• Source and recipient: The money goes to the Commissioner of Employment and Economic Development as a grant to the Power of People Leadership Institute.
• Use of funds: The grant supports predesign, design, construction, furnishing, and equipping the renovation of a blighted warehouse property in North Minneapolis.
• Facility uses: Once completed, the facility will provide programming, employment training, physical and mental health wellness services, and space for a small business incubator, along with administrative and office space for the Power of People Leadership Institute.
• Funding type and duration: This is a one-time (capital investment) appropriation.
• Availability and conditions: Funds remain available until the project is completed or abandoned, and the appropriation is subject to Minnesota Statutes section 16A.642.

Financial Details

• Amount: 2,850,000 dollars.
• Fiscal year: 2027.
• Source: General fund.
• Administration: Through the Commissioner of Employment and Economic Development as a grant to the Power of People Leadership Institute.

Implementation and Oversight

• Project focus: Renovation of a blighted warehouse in North Minneapolis into a multi-use facility.
• Oversight and compliance: The appropriation is a one-time capital investment and must comply with Minnesota’s law on project completion or abandonment, specifically Minnesota Statutes section 16A.642.

Significance / What changes are being made

• New funding item: Establishes a capital investment appropriation of 2,850,000 dollars from the general fund to support the Power of People Leadership Institute’s North Minneapolis project.
• Purpose of funds: To predesign, design, construct, furnish, and equip a renovated facility with programming, employment services, health/wellness services, small business incubator space, and administrative offices.
• Legal reference: Ties to Minnesota Statutes section 16A.642 for project completion or abandonment procedures.

Relevant Terms Power of People Leadership Institute appropriation capital investment general fund grant Commissioner of Employment and Economic Development predesign design construct furnish equip renovation blighted warehouse North Minneapolis facility programming employment training physical health mental health wellness services small business incubator administrative space office space one-time appropriation Minnesota Statutes section 16A.642