Arrowhead Economic Opportunity Agency grant funding provided, and money appropriated.

HF 297 appropriates $2 million from Minnesota's general fund for a one-time grant to the Arrowhead Economic Opportunity Agency. The funding must be used as a reusable fund to acquire and rehabilitate tax-forfeited properties (properties seized due to unpaid taxes) for owner occupancy. The housing funded through this grant must be affordable to the local workforce, directly benefiting residents seeking homeownership in Arrowhead region communities.