Responding to urgent requests from communities in every corner of Minnesota, Governor Tim Walz and Lieutenant Governor Peggy Flanagan’s Local Jobs and Projects Plan includes more local projects than any Governor’s bonding proposal in state history. The plan will bolster public safety, increase access to safe drinking water and affordable housing, protect our lakes and rivers, and invest in our higher education institutions to prepare Minnesota’s future workforce.
Governor Walz knows that local projects mean local jobs. That’s why he is proposing $2.03 billion in General Obligation bonds to make these critical investments in communities across the state and ensure all Minnesotans enjoy a high quality of life, regardless of race or zip code.
Every Minnesotan deserves a safe, affordable place to call home. As Minnesotans across the state struggle to find housing, Governor Walz and Lt. Governor Flanagan propose investing $276 million, including $76 million in General Obligation bonds, in safe and affordable housing projects. This funding will be directed to the preservation of existing affordable housing and creation of new homes for Minnesotans across incomes. This recommendation will create a full range of housing choices, including supportive housing for people experiencing homelessness, senior housing, family housing, veteran housing, and new homeownership opportunities.
Governor Walz and Lt. Governor Flanagan propose investing $293 million in General Obligation bonds, and an additional $7.2 million in other financing, for water quality and infrastructure projects to fix aging water infrastructure and help ensure every Minnesotan has access to clean, safe drinking water. This funding will help cities and other local governments construct wastewater and drinking water infrastructure projects and invest in projects that improve water quality throughout the state. These water infrastructure systems are essential to protecting public health and the environment and sustaining the economic vitality of communities.
Every Minnesotan deserves access to opportunities that will lead to a bright future — and for many, that means attending a higher education institution. That’s why Governor Walz and Lt. Governor Flanagan propose investing $447 million in General Obligation bonds, and an additional $41 million in other financing, to maintain our campuses, upgrade outdated classrooms and labs, and modernize the student experience to ensure our schools remain on the cutting edge. These necessary upgrades will help provide our students with a world-class education and develop the talent needed to grow Minnesota’s economy.
Governor Walz and Lt. Governor Flanagan propose investing $673 million in General Obligation bonds, and an additional $184 million in other financing, to improve public safety and ensure our public infrastructure is safe, reliable, and sustainable. From improving military readiness to cleaning up hazardous waste to fixing local roads and bridges, the Local Jobs and Projects Bill will help ensure the safety of Minnesotans across the state.
Minnesota is the best place in the country to grow up in because we invest in our small towns and big cities. Governor Walz and Lt. Governor Flanagan propose investing $536 million in General Obligation bonds, and an additional $139 million in other financing, to support projects across the state that connect Minnesotans and build thriving communities. These investments will help communities grow and thrive, from providing low-interest loans to farmers to renovating community spaces like libraries and town halls to building local transit and recreational trails to get Minnesotans where they want to go.