This bill appropriates $627,000 from the general fund for fiscal year 2026 to the commissioner of employment and economic development. The funds are designated for a grant to Community and Economic Development Associates (CEDA) to support economic development technical assistance and project grants specifically for small communities in rural Minnesota. The bill emphasizes that these technical assistance grants will be allocated based on community needs, particularly for those that cannot afford such services.
Additionally, the bill allows for up to $270,000 of the appropriated funds to be utilized for the implementation of economic development projects that align with the technical assistance provided. This funding is intended to help design, implement, market, and administer tailored community and economic development programs that address the unique needs of individual communities. Notably, this is a one-time appropriation aimed at enhancing rural economic development efforts.