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, a child care center for children not yet in kindergarten, and after-school and weekend programming for school-aged children. The 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.

Additionally, the bill includes a provision stating that the section will take effect the day following its final enactment. This ensures that the funding and project can commence promptly once the legislative process is complete.