Minnesota Investment Fund One-Time Exception
One-time Exception to Restrictions on Use of State Funded Minnesota Investment Fund Local Government Loan Repayment Funds
The Minnesota Legislature has authorized a one-time exception to how revolving loan fund (RLF) dollars seeded from State funded Minnesota Investment Fund (MIF) project are used. These dollars have been retained by local units of government from repayments of their MIF grants. The funds are generally required to be re-used for economic development projects in their jurisdiction.
For More Information
Contact Lisa Dargis at 651-259-7446.