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Flood Recovery Financing

Overview

Flood-recovery funds allocated through the Minnesota Investment Fund are awarded to local units of government, which use the funding to make loans to individual businesses. 

Unlike insurance, MIF flood-recovery funding is not designed to make businesses “whole” or compensate them for losses. The focus of the program is to fund capital expenses, reestablish operations, and retain and create jobs at flood-damaged businesses that were not adequately covered by insurance.

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