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MN Downtown Building Rehabilitation

MN Downtown Building Rehabilitation

Iron Range Resources & Rehabilitation
LOCATION & INDUSTRIES
AMOUNT

Up to $50,000

OWNERSHIP REQUIREMENTS
DEADLINE

Rolling

ABOUT THE GRANT

The Downtown Building Rehabilitation (DBR) Grant provides business owners, Tribal governments, and nonprofits with reimbursement grants of up to $50,000 (or one-third of total project cost, whichever is lower) to finance code-compliant construction and remodeling projects on downtown commercial buildings. Funded by Iron Range Resources & Rehabilitation (IRRR), Minnesota's economic development agency for the Iron Range region, and administered through a partnership with the Arrowhead Economic Opportunity Agency (AEOA), the program is available to businesses located within IRRR's northeastern Minnesota service area.

Eligible buildings must be located on a main street in a downtown area, though applications from other locations in commercial business corridors may be reviewed on a case-by-case basis if additional funds are available. Eligible costs must relate to code compliance and can include general construction, electrical, plumbing, elevator, ADA, mechanical, and sprinkler work, housing rehabilitation, lead and asbestos removal, storefront improvements, and new construction or remodeling in the event of fire or natural disaster. Up to 10 percent of the grant may be used for professional services such as architectural, engineering, or design assistance on code compliance issues.

Applications are accepted year-round and reviewed twice per year. A $500 AEOA application fee is required at the initial inspection and processed at project closing. Work cannot begin prior to approval and site inspection, and grant payments are made directly to the awarded contractor or vendor upon completion and final inspection. Applicants are limited to one project per year (additional projects considered case-by-case) and must have property taxes paid and up to date, along with verification from the Minnesota Secretary of State that the organization and any contractors are active and in good standing. Prevailing wage must be paid and certified payroll collected.

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NOTES

Note: grant recipients must be located within the Iron Range Resources & Rehabilitation service area (Northeast Minnesota). Details about that service area can be found at the grant website.

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