IRRR Board awards $15.6 million in economic development funding in Northeastern Minnesota
6 Apr 2022
News, Arrowhead Electric Cooperative, Cooperative Light & Power, Dakota Electric Association, East Central Energy, federated rural electric association, Itasca Mantrap Cooperative Electrical Association, kandiyohi power cooperative, Lake Country Power, Lake Region, mcleod cooperative power association, meeker coperative, Mille Lacs Energy Cooperative, Minnesoota Valley Electric Cooperative, runestone electric association, stearns electric association, Steele-Waseca Cooperative Electric, Todd-Wadena Electric Cooperative, Wright-Hennepin Cooperative Electric Association
Approximately $12.2 million in loans and over $3.3 million in grants were approved for businesses, communities and outdoor recreation in Northeast Minnesota at Tuesday's Iron Range Resources & Rehabilitation Board meeting.
The total project investment, when combined with other sources, comes to approximately $57.4 million.