Transportation Economic Development Program
Purpose
This program assists communities with highway improvements and public infrastructure necessary for new and existing businesses to create jobs and increase the tax base.
Customers and Services
Cities, counties, and other local governmental units receive grants for up to 70 percent of project costs for highway improvements and other public infrastructure projects supporting the creation of new or expanding manufacturing, technology, warehousing and distribution, research and development, agricultural processing, bioscience, and other innovative businesses.
Measures - Reporting period is state fiscal year (SFY), July 1 - June 30
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SFY 2011*
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Number of projects
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11
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Dollars awarded
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$3.7M
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*This program was signed into law during the 2010 legislative session.
More DEED measures: Uniform Program Accountability Measures
Funding Source and Expenditure (in thousands)
**Funding is provided through the Greater Minnesota Business Development Public Infrastructure Program, the Innovative Business Development Public Infrastructure Program, and Minnesota Department of Transportation Highway funding.
Statutory Authority
-- Minn. Stat., Chap. 116J.431
-- Minn. Stat., Chap. 116J.435
Contact Information
Jeremy LaCroix, Administrative Coordinator
Phone: 651.259.7457 or toll-free: 800-657.3858; TTY: 651.296.3900
This information current as of December 2011.