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Economic Development Financing Tools and Incentives

 

Belle Plaine EDA Assistance Resources

 

Revolving Loan Fund

The purpose of the Revolving Loan Fund (RLF) is to establish a low interest loan program to provide the capability and incentive for owners and tenants of new and existing businesses to upgrade the appearance, structural condition, and operating efficiency of their places of business, thereby improving their marketability and retaining and expanding job opportunities.

If you are interested in receiving more information about the Revolving Loan Fund you may download the Policy and Procedures or contact Cynthia Strack at 952-873-5553.

Facade Improvement Loan Program

The purpose of the Façade Improvement Loan Program is to establish a loan program to provide the capability and incentive for owners and tenants of new and existing businesses to upgrade the appearance of their places of business, thereby improving their marketability and promoting redevelopment of existing business properties within the City.

If you are interested in receiving more information about the Facade Improvement Loan Program you may download the Policy and Application or contact Cynthia Strack at 952-873-5553.

Tax Abatement and Tax Increment Financing (TIF)

The City of Belle Plaine will also consider tax abatement or tax increment financing requests. Please contact Cynthia Smith-Strack for more information.

DEED - Business assistance is avaiable through the Department of Employment and Economic Development Provides significant support and resources for businesses. Training Grant Programs
Minnesota RETAP -  The Minnesota Retiree Environmental Technical Assistance Program employs skilled, retired professionals to provide facility assessments and community sustainablitiy assistance to small businesses, institutions, and communities in Minnesota. (RETAP)
XCEL Energy - XCEL Energy business programs and rebates help owners and operators save energy and money at their facilities. Information on equipment rebates, energy audits and studies, and energy efficiency for new and improved facilities is available her. XCEL
MVEC Business Efficiency Rebates - MVEC offers business customers rebates and access strategies for creating efficiencies within their facilities. MVEC

 

 

 

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