The bill appropriates $6,800,000 from the general fund for fiscal year 2026 to support the development of a multifamily housing facility in Cosmos, Minnesota. This funding is designated for ANZ Inc. to design, construct, renovate, furnish, and equip the facility located at 130 Neptune Street North. The project aims to provide supportive services for senior citizens, as well as a child care center for children not yet in kindergarten, and programming for school-aged children during after-school hours and weekends.

Additionally, the bill includes a provision stating that this appropriation is a one-time allocation and will remain available until the project is either completed or abandoned, in accordance with Minnesota Statutes, section 16A.642. The effective date of this section is set for the day following its final enactment.