Minnesota Gov. Tim Walz recently announced his administration’s 2024 Infrastructure Plan, a $982 million capital investment plan investing in infrastructure improvements.
The plan includes:
A more than $215 million investment in water and transportation infrastructure. This includes more than $119 million for grants and low-interest loans for projects that keep water clean and replace lead pipes, $2 million to develop a continuous nitrate monitoring network, and $28 million to establish new grant programs to help remove contaminants from drinking water.
A more than $142 million investment in public safety projects. This includes $47 million to provide rehabilitative programming and educational space for incarcerated individuals.
A more than $97 million investment in housing and environment. More than half will be in Housing Infrastructure Bonds for the development of multifamily housing supporting seniors, families needing safe housing, and people facing homelessness. It includes more than $16 million to update the Minneapolis Veterans Home.
A more than $440 million investment in the maintenance and renewal of buildings, including nearly $206 million for Minnesota State and the University of Minnesota.
A more than $85 million investment in other infrastructure needs statewide. This includes $5 million in grants to construct and renovate early childhood facilities, and $40 million for local government projects.