DEED Awards $3.9 Million in 10 Contamination Cleanup Grants Across Minnesota
19 Jan 2021
Agralite, Arrowhead, BENCO, Brown, Connexus, Light and Power, Crow Wing, Dakota, East Central, Federated, Goodhue, Itasca, Kandiyohi, Lake Country, Lake Region, McLeod, Meeker, Mille Lacs, Minnesota Valley, Nobles, North Itasca, Redwood, Runestone, South Central, Stearns Electric, Steele, Todd, Wright Hennepin
The Minnesota Department of Employment and Economic Development (DEED) awarded $3.98 million in grants to nine cities across Minnesota to cleanup 10 contaminated sites approved for redevelopment.
DEED’s Contamination Cleanup Grant Program awarded the funding, which will leverage more than $300 million in private investment and create or retain 178 jobs. The redevelopment projects are expected to add 1,485 housing units, of which 373 units will be affordable housing. Local tax bases are expected to increase by $3.9 million through redevelopment of the sites.