At today's Iron Range Resources & Rehabilitation Board meeting, over $2.9 million in loans and more than $4.1 million in grants were approved to advance projects in northeastern Minnesota. Total combined project investment is approximately $34 million. The projects are expected to increase the regional tax base, create permanent and construction jobs, provide essential services and improve outdoor recreation. The loans are anticipated to create 25 new jobs and retain 73 jobs. The community and development infrastructure projects are projected to impact 345 jobs and create 104 construction jobs.

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