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St. Louis County supports a variety of activities which strengthens the regions infrastructure and contributes to economic growth. The Planning and Community Development Department serves as contact for economic development initiatives seeking county assistance. 

County Economic Development Resources

Tax Abatement

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 documents provide an overview of requirements in using tax abatement financing:
 
 

PACE Financing 

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.
 

Community Development Block Grant (CDBG)

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

Regional Economic Development Resources