Sign Awning Facade Program

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 of buildings, the program serves to improve the economic viability of these areas. Better aesthetics increase property values, improve the marketability of space within the buildings and draws business and residents to the area.

See resources to the right to learn more.

Sign Awning Facade Program

Shari Chorney

Red Wing Port Authority

419 Bush Street
Red Wing,, MN 55066

Phone: 651.385.3639Fax: 651.388.4782

shari.chorney@ci.red-wing.mn.us

Category: Local Incentives, Grants & Loans

American Rescue Plan Act

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 federal legislation to states, which in turn allocated the funds to cities. Red Wing continues to...

Downtown Investment Fund

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 four years in support of this new initiative to provide local dollars, without regulatory strings attached,...

EPA Funding

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 based on a project meeting EPA’s program criteria.

Foundation Support

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 with foundations and philanthropic organizations to identify projects and project needs that are aligned with foundation...

HRA Community Development Revolving/Deferred Loans

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 at a 0% interest rate with half provided as a deferred loan forgiven after ten years. Certain...

Low-Income Housing Tax Credits

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 grants to prevent homelessness. For more information go to www.mnhousing.gov/sites/multifamily/gettingstarted

Minnesota Historical and Cultural Heritage Grants (“Legacy Grants”)

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. Grants are only available to government units and non-profit organizations. The City of Red Wing can...

Minnesota State College Southeast

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 Southeast provides Customized Training and Consulting to help organizations gain...

New Market Tax Credits

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, and are generally not eligible for housing projects.

Opportunity Zone

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.

Port Authority Funds

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 has supported a variety of downtown projects. Currently, this fund is subject to further evaluation by the...

Public Relations Grant

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 to learn more.

Red Wing Downtown Investment Partnership Technical Assistance Grant Program

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-year pilot program on January 8, 2018. Although no project was initiated during those two years,...

State and Federal Historic Tax Credits

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 historic preservation standards, and a multi-part application must be completed and approved by the State Historic...

Tax Abatement

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 type of public assistance. Abatement is viewed as providing less potential public dollars to a project compared...

Tax Increment Financing (TIF)

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 is to support desirable development that would not otherwise occur “but for” the public’s financial TIF...

West End District Business Assistance Programs

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 former Bauer Built property on Old West Main Street. In order to incentivize future redevelopment projects...