Bill > HF86

This bill establishes the Metropolitan Area Redevelopment Corporation, a public corporation and political subdivision of the state with jurisdiction in the metropolitan area. The corporation, led by people of color and Indigenous people, aims to identify and address the adverse impacts of racial discrimination in the metropolitan area by facilitating access to resources for the development of healthcare facilities, small businesses, affordable housing, and other societal benefits that have historically been unavailable due to systemic barriers. The bill outlines the corporation's structure, membership, powers, and duties, including developing redevelopment plans, awarding grants to eligible nonprofit organizations, and submitting an annual report to the legislature.