Growing prosperity in greater minnesota

Workforce housing, BDPI bills sail through House committee hearing

GMNP Executive Director Dan Dorman and WREDC Executive Director Abraham Algadi listen as bill author Rep. Rod Hamilton (R-Mountain Lake) discusses the GMNP's workforce housing tax credit bill during a House committee hearing.

GMNP Executive Director Dan Dorman and WREDC Executive Director Abraham Algadi listen as bill author Rep. Rod Hamilton (R-Mountain Lake) describes the GMNP-supported workforce housing tax credit bill during a House committee hearing.

On Wednesday, members of the House Job Growth and Energy Affordability Committee heard testimony on two initiatives backed by the GMNP and Coalition of Greater Minnesota Cities.

First, the committee heard testimony on HF 653, authored by Rep. Bob Gunther (R-Fairmont), which would appropriate $15 million in state bonding funds to the Greater Minnesota Business Development Public Infrastructure (BDPI) Grant Program. BDPI is an extremely popular program that provides grants to cities of up to 50 percent of the capital costs of the public infrastructure required to expand or create new economic development projects. Due to its popularity, however, funding for BDPI is nearly depleted. Continue reading

Action Alert – Ask your legislators to support key legislation to bring economic growth to Greater Minnesota

Yesterday, Greater Minnesota legislators received this letter about GMNP-supported economic development legislation. We encourage you to read the letter to learn more about the main pieces of legislation we are working on this session.

Three of these bills — the GMNP’s workforce housing tax credit bill, a bill that provides funding for the Greater Minnesota Business Development Public Infrastructure (BDPI) Grant Program, and a bill that makes some key improvements to the Greater Minnesota Internship Tax Credit program  — are scheduled for their first hearing in the House this week.

Action – Legislators need to hear from YOU!
It is critical that GMNP members and their affiliates call or email their House and Senate members and urge them to support and advocate for the bills outlined in the GMNP letter:

  • HF1020/SF785 – Workforce housing tax credit
  • HF1019/SF783 – Improvements to the Greater Minnesota Business Expansion Program
  • HF653/SF391 – $15M bonding request for the BDPI program
  • HF1018/SF784 – “Making Economic Development Work for Greater MN” bill (see the letter to legislators for details on the key components of this bill)

In addition to requesting their support, ask your legislators to sign on as co-authors to these bills, if they haven’t already done so. Continue reading