WCCO EYE4 LOGO WCCO Radio wcco-eye-green01, ww color green

Local

At Capitol, $47.5M Fund For Local Projects

View Comments

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. Donut Hijinks Close Out Natalie
  2. 4 Things To Know From August 29, 2014
  3. Best Of Minnesota: Tastiest Cool Treat At The Fair
  4. Iggy At TCF Stadium, Joan Rivers Hospitalized
  5. Scientists May Have Figured Out 'Sailing Rocks' Mystery

ST. PAUL, Minn. (AP) — Minnesota legislators have come up with a way to fund local development projects that relieves them of the hassle that comes from picking winners and losers.

The construction borrowing bill that looks headed to the governor creates a $47.5 million grant fund that applicants can try to tap.

The state’s economic development agency will make the grants.

In the past, the process has pitted lawmakers against one another as they argued for projects in their district. Rep. Alice Hausman, a Democrat on the House Capital Investment Committee, says it’s a convenient way around the controversial parts of the bill.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,815 other followers