The Iron Range Resources & Rehabilitation Board met today in St. Paul. It was the first meeting of the eight newly elected and appointed members. Rep. Spencer Igo was elected as the chair, and Sen. Justin Eichorn was elected as the vice chair.

Approximately $1.5 million in loans, $2.4 million in infrastructure grants, and $191,000 in trails grants was approved at today’s meeting to advance projects in northeastern Minnesota. Agency total investment for all projects combined is approximately $4.1 million. Total project investment is approximately $39.2 million. The projects are expected to increase the regional tax base, impact new and existing jobs, create construction jobs, provide essential services, and expand outdoor recreation. The loans are anticipated to impact 49 jobs. The infrastructure projects are projected to create 11 permanent jobs and 209 construction jobs

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