5/28/2024 4:15:00 PM
At today's Iron Range Resources & Rehabilitation (IRRR) Board meeting, an estimated $9.5 million in business loans and grants, $2.9 million in housing grants, $793,652 in infrastructure grants and $52,600 in trails grants were reviewed to advance projects in northeastern Minnesota. Agency investment for all projects combined is over $13.2 million. Total project investment is estimated at $66 million. The projects are expected to diversify the local economy, increase the regional tax base, retain and create jobs, grow the housing inventory, modernize essential infrastructure and expand outdoor recreation.