A financing tool for housing and economic development activities in St. Louis County. Used for projects that result in the creation of quality jobs and the attraction, retention and expansion of business or housing options within the county. 

Tax abatement is allowed under Minnesota Statute 469.1812 to 469.1815. The following document provides an overview of the requirements in using tax abatement financing:

Policy

Property-assessed clean energy financing is available to businesses, farms, multi-family housing, nonprofits, and places of worship in St. Louis County. PACE provides project financing that is repaid as a separate item on property tax assessments. PACE eliminates the burden of upfront costs by providing low-cost, long-term financing. Learn more about PACE Financing.

MinnPACE - Saint Paul Port Authority (sppa.com)

Minnesota PACE Financing (minnpace.com)

The CDBG program provides funds for physical improvement, economic development, housing activities, and public service activities.

To learn more, visit our CDBG page here: Community Development Block Grant (CDBG) (stlouiscountymn.gov)

St. Louis County serves as the lead agency and fiscal agent to the NE Minnesota HOME Consortium. The HOME Consortium encompasses Cook, Lake, Koochiching, Itasca, and St. Louis County (outside of Duluth). To learn more, visit our HOME page here: HOME Investment Partnerships (HOME) (stlouiscountymn.gov)

Emergency Solutions Grant (ESG) Federal funding is available to prevent and assist with homelessness. To learn more, visit our ESG page here: Emergency Solutions Grant (ESG) (stlouiscountymn.gov)

St. Louis County provides a Film Production Incentive Program to encourage the creation of film, television, and digital media content production in St. Louis County and to foster the local organic growth of the production industry talent and workforce.

For additional information regarding the program or how to apply, please click here: St. Louis County Film Incentive Webpage

Northland Connection
APEX
Minnesota Department of Iron Range Resources & Rehabilitation (IRRRB)
Northspan
Minnesota Department of Employment and Economic Development (DEED)
Blandin Foundation
ARDC Revolving Loan
Northeast Entrepreneur Fund
Northland Foundation
UMD Center for Economic Development 
Lake Country Power Co-op