Section 1 (256E.30, subd. 2) modifies the funding formula allocating funds to community action agencies. Current law provides that agencies with low income populations up to 3,999 people receive $25,000, 4,000 to 23,999 receive $50,000, and 24,000 or more receives $100,000. This bill changes the allocation so that agencies with low income populations up to 1,999 get $25,000, 2,000 to 23,999, $50,000, and over 24,000 remains the same at $100,000.
Section 2 is a blank appropriation for community action grants under section 1.
Section 3 is a blank appropriation for funding financial coaching in the Family Assets for Independence Program.
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