Main Street Economic Revitalization Program Will Launch Aug. 3
15 Jul 2021
St. Paul – The Minnesota Department of Employment and Economic Development (DEED) will launch its new Main Street Economic Revitalization Program on Aug. 3. This $80 million statewide economic redevelopment program will award grants to partner organizations to establish programs within specific communities that will, in turn, fund economic development and redevelopment projects.
These projects will address the greatest needs that have arisen in our communities since March 15, 2020 and spur economic revitalization across Minnesota. This program was approved by the Minnesota State Legislature and signed by Gov. Tim Walz on June 29, 2021.
“We’re excited to develop this new program to help Minnesota recover from the crisis of the last year and a half,” said DEED Commissioner Steve Grove. “Not only will these grants and loans create jobs, but they’ll help spark investment in main streets across the state."