The bill appropriates $1,000,000 from the general fund for the fiscal year 2025 to the commissioner of employment and economic development. This funding is designated for a grant to the Mni Sota Fund, aimed at renovating, constructing, furnishing, and equipping its future location at 2301 East Franklin Avenue in Minneapolis. The initiative is intended to support Indigenous wealth building through homeownership, entrepreneurship, and financial empowerment within communities across Minnesota.

Additionally, the bill stipulates that the appropriation will only be available once the commissioner of management and budget confirms that sufficient funds have been committed to complete the project. This is a one-time appropriation, which will remain available until December 31, 2029.