- June 18, 2021
- Posted by: Stratford Team
- Category: Business
ST. PAUL, Minn. (FOX 9) – Minnesota lawmakers have agreed to $150 million in business relief, though only a fraction of the money will go to businesses damaged by the 2020 civil unrest in Minneapolis and St. Paul.
Of the total amount in the jobs and economic development bill, $80 million will be available for redevelopment projects, which could be used for rebuilding after the rioting. The other $70 million will cover business losses related to the COVID-19 pandemic.
Deal reached on Minnesota business relief bill; some money will go to riot rebuilding
Minnesota lawmakers have agreed to $150 million in business relief, though only a fraction of the money will go to businesses damaged by the 2020 civil unrest in Minneapolis and St. Paul.
It’s not clear how much money will flow to riot rebuilding, though it will be far less than the $300 million that Democrats originally proposed in the wake of the unrest. Since then, some businesses have…
