Downtown Redevelopment
The Downtown Redevelopment Grant and Loan Program supports new construction on vacant downtown properties by helping fill project financing gaps. Through grants, loans or a combination of both, the program helps make redevelopment projects financially feasible, encourages private investment and supports economic activity in local communities.
Community Development Grant information: Chris Ismil, Chris.Ismil@state.mn.us, or 218-735-3010.
Business Development Loan information: Samuel Davidson-Teff, Samuel.Teff@state.mn.us, or 218-735-3016.
Grant Cycle Dates: Applications open starting May 1, 2026, for Fiscal Year 2026.
Eligible applicants: A business in collaboration with a city within the IRRR service area.