Redevelopment Grant Program


Purpose
This program offers grants to assist development authorities with costs for redeveloping blighted industrial, residential, or commercial sites where the need to recycle the land for a more-productive use exists.

Customers and Services
Eligible applicants are development authorities, including cities, counties, port authorities, housing and redevelopment authorities, and economic development authorities. Grants can pay for land acquisition, demolition, infrastructure improvements, soil stabilization when infill is required, ponding or other environmental infrastructure, and adaptive reuse of buildings, including remedial activities at sites where a subsequent redevelopment will occur.

Since 2007, priority funding has been given to eligible applications statewide at a 50/50 split between Greater Minnesota and the Minneapolis/St. Paul metropolitan area. There are additional criteria for determining further priority.

Measures - Reporting period is state fiscal year (SFY), July 1 - June 30

 

SFY 2009

SFY 2010

SFY 2011

Dollars awarded

$5.4M

$4.4

$3.3

Number of acres redeveloped

120

37

64

Number of jobs created

767

249

218

Number of jobs retained

478

318

160

Dollars leveraged

$685M

$71.6M

$141M


More DEED measures: Uniform Program Accountability Measures

Funding Source and Expenditure (in thousands)

 

SFY 2009

SFY 2010

SFY 2011

General Obligation Bond Proceeds

$4,736 

$3,957

$6,607

General Fund

$365

$162

$561


Statutory Authority
-- Minn. Stat., Chap. 116J.571

Contact Information
Meredith Udoibok, Director
Phone: 651.259.7454 or toll-free: 800.657.3858; TTY: 651.296.3900

This information current as of December 2011.