DEED Awards $3.9 Million in 11 Contamination Cleanup Grants Across Minnesota
25 Jun 2021
News
St. Paul – The Minnesota Department of Employment and Economic Development (DEED) awarded $3.89 million in grants to eight communities across Minnesota to clean up or investigate 11 contaminated sites approved for redevelopment.
DEED’s Contamination Cleanup Grant Program awarded the funding, which will leverage more than $308 million in private investment and create or retain 456 jobs. The redevelopment projects are expected to add 934 housing units, of which 411 units will be affordable housing. Local tax bases are expected to increase by $3.3 million through redevelopment of the sites.
“As Minnesota recovers from the pandemic, these Contamination Cleanup and Investigation Grants play a key role in promoting community vitality by providing good jobs and housing,” said DEED Commissioner Steve Grove. “This round of grants alone represents 456 jobs created and retained as well as 934 units of housing for Minnesotans.”