The $1.9 trillion package, based on President Biden’s American Rescue Plan, is intended to combat the COVID-19 pandemic, including the public health and economic impacts. Funds were allocated by federa...
The City of Red Wing supported the creation of a 2-year pilot program referred to as the “Downtown Investment Partnership Program” (2018-2019). The city contributed to a dedicated fund over fou...
The federal EPA has resources available for redevelopment, including a Cleanup Grant to assist with projects on identified brownfield sites. The city may be able to help pursue these funds base...
As part of the Downtown Investment Fund, the Port Authority identified local foundations that are dedicated to similar goals for downtown redevelopment projects. The Port Authority continues to work wit...
The city’s Housing and Redevelopment Authority (RWHRA) has financing available to support the rehabilitation of commercial businesses in a target area, including downtown Red Wing. The maximum loan is $50,000 a...
The Job Creation Fund provides financial incentives to new and expanding businesses that meet certain job creation and capital investment targets.
Companies deemed eligible to participate may receive up to $...
The Minnesota Housing Finance Agency (MHFA) offers a wide range of financial assistance to create and preserve affordable housing, including mortgages, low-income housing tax credits (LIHTC), deferred loans, and grant...
Legacy grants provide financial support for projects focused on preserving Minnesota’s history and culture. Redevelopment of certified historic buildings – both planning and construction – are qualified grant activities. Grant...
The Minnesota Investment Fund provides grants to help add new workers and retain high-quality jobs on a statewide basis.
The focus is on industrial, manufacturing, and technology-related industries to increase th...
Minnesota Job Skills Partnership Grants (MJSP)
The intent of a MJSP grant is to provide new-job training or retraining for existing employees of participating Minnesota businesses.
Customized Training and Continuing Education
MSC Southeas...
Making improvements to enhance a building’s energy efficiency has a variety of proven benefits. First, there’s the economic impact of dollars saved on utilities and added value to the property...
Category: State Incentives, Energy Grants, Grants & Loans
A substantial part of downtown Red Wing is located in a qualified census tract for new market tax credits. New market tax credits are intended to support jobs creation, an...
Parts of the City of Red Wing are located within a designated Opportunity Zone. Opportunity Zones provide options for tax deferral for building redevelopment projects.
The Red Wing Port Authority (RWPA) has financing resources available for redevelopment projects, including revolving funds and direct budget expenditures. The RWPA has a “Downtown Revolving Loan Fund” that ha...
MinnPACE, a division of the Saint Paul Port Authority, is the largest provider of PACE financing in the State of Minnesota.
Property Assessed Clean Energy (PACE) is an innovative finance solutio...
The Public Relations Grant is eligible to a non-profit corporation or organization (e.g., charities, trusts and tax-exempt entities) or a unit of government or a public agency.
See resources to the right t...
The City of Red Wing has set aside funds over the past five years to help implement a “Downtown Investment Partnership” initiative. The City Council approved guidelines for a 2-yea...
The Red Wing Port Authority is providing an incentive program to improve the signs, awnings and façades of commercial and industrial buildings throughout the City. By enhancing the appearance o...
Federal and state income tax credits are available for certified historic rehabilitation projects. Buildings must be listed in the National Register of Historic Places, all work must meet national histori...
The City of Red Wing and its Port Authority have an adopted Tax Abatement Policy to support desirable development, redevelopment or renewal that would not otherwise occur without this typ...
The City of Red Wing and its Port/Housing Authorities have an adopted TIF Policy to further certain redevelopment, renewal and housing related projects. The fundamental purpose of using TIF i...
Category: State Incentives, Grants & Loans, Local Incentives
The Trillion BTU Program is a partnership between the St. Paul Port Authority(SPPA), the Center for Energy and Environment(CEE) and Xcel Energy.
All Xcel Energy commercial and industrial customers are eligible.
Mone...
In 2021, the Red Wing Port Authority was given authority by the City Council to oversee a redevelopment planning effort that includes a targeted area in and around the forme...
