At today's Iron Range Resources & Rehabilitation Board meeting, approximately $3.1 million in loans, $3 million in infrastructure grants, $700,000 in trails grants and $630,000 in higher education grants were approved to advance projects in northeastern Minnesota. Agency total investment for all projects combined is approximately $7.4 million. Total project investment is approximately $87 million. The projects are expected to increase the regional tax base, retain and create new jobs, provide essential services, increase the housing inventory, expand outdoor recreation and enhance higher education. The loans are anticipated to impact 178 jobs. The infrastructure projects are projected to impact 22 jobs and create 169 construction jobs.   

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