DEED Grant Programs

DEED Grant Programs

The GMNP supports increased funding for the Minnesota Investment Fund (MIF), the Job Creation Fund, the Redevelopment Grant Program, and the Demolition Loan Program. The GMNP supports any additional changes to provide a more balanced distribution of funding between the metro area and Greater Minnesota.

Bills to Watch

  • HF 1689/SF 2008 – This bill adds a 9-year exemption to the statewide business property tax for expansion projects for qualifying businesses such as manufacturers.
  • HF 1650/SF 2007 – This bill appropriates $10 million to the Redevelopment Grant Program and modifies the statute to require a 25 percent local match (down from a 50 percent match) for projects outside the metro area.

Other Resources