St Cloud Revolving Loan Fund

The purpose of the City of St. Cloud Economic Development Revolving Loan Fund (RLF) is to deploy and sustain a local pool of money to support private economic development and redevelopment projects for the benefit of the City of St. Cloud.

Revolving Loan Funds may be used to provide assistance for loans, loan guarantees, interest buy-downs, and other forms of participation with private sources of financing.

Category: Local

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Eligible applicants are new or businesses located anywhere in Rice. Applicants must be in compliance with local government zoning codes as well as all other local, state, and federal laws applicable to them. The Rice Loan may provide up to 45% of the total project cost and not to exceed $100,000.  Loans in excess... Learn More
The City of Sartell has authority to provide financial assistance to development and redevelopment projects that provide benefit to the community. The use of Tax Increment Financing (TIF) and property Tax Abatement Financing (TAF) is governed by Minnesota Statute.  The city will consider requests for local funding for projects that satisfy community development goals and... Learn More
Sauk Rapids offers a full range of incentives that can be used to help make projects work. Such as Tax Increment Financing (TIF), Tax Abatement Financing (TAF), low interest loans, grants, land write downs, fee reductions or even possible waivers.  Applications and Fees are provided after assessment of project and mutual interest.  For more information Contact Learn More