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Statement from Chair Lee on Governor Walz’s Local Jobs and Projects Proposal

Monday, February 22, 2021

St. Paul, MN - Today, Governor Tim Walz announced his 2021 Local Jobs and Projects Plan. State Representative Fue Lee (DFL - Minneapolis), chair of the House Capital Investment Committee, released the following statement in response:

“Governor Walz’s proposal puts Minnesota on the right track when it comes to creating new jobs, investing in our communities, and keeping a focus on inclusion and equity. Notably, the Governor’s proposal funds $100 million in Housing Infrastructure bonds to address Minnesota’s housing crisis, chips away at asset preservation, and includes $150 million in redevelopment appropriation bonds, which would be instrumental in helping small businesses rebuild after last summer’s civil unrest.

“With low interest rates, Minnesota’s AAA bond rating, and a great need to help our state bounce back from the economic impact of COVID-19, there’s no reason Minnesota shouldn’t have a robust jobs and local projects bill this year. Now is the time to invest in Minnesota.”

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