Loan and Grant Funding Options in Minnesota

These options are available to assist local governments and others with the construction of public infrastructure.

Water, Waste Disposal and Community Facility Loans and Grants
USDA Rural Development State Office
Minnesota Rural Development Offices
St. Paul, MN  55101-1853
Phone:  651-602-7800
Community Program – 651-602-7810
Fax:  651-602-7825
Provides low interest loans and grants for construction of public infrastructure.

Interim Financing
Minnesota Rural Water Finance Authority

Lori Blair, Executive Director:  1-800-367-6792
David Drown Associates, Financial Advisors:  1-612-920-3320
Provides low-cost interim financing for communities which have received a permanent
loan commitment from the United States Department of Agriculture, Rural Development (RD).

Micro Loan Finance Program
Minnesota Rural Water Association
Lori Blair, Executive Director: 1-800-367-6792
David Drown Associates, Financial Advisors:  1-612-920-3320
Helps members finance small projects at the lowest possible cost. Loans from $30,000 to $200,000 repaid in seven years or less, structured as a single G.O. Note, tax-exempt, and bank qualified.

Midi Loan Finance Program
Minnesota Rural Water Association
Lori Blair, Executive Director:  1-800-367-6792
David Drown Associates, Financial Advisors:  1-612-920-3320
Assists communities in obtaining competitive financing for water, wastewater, gas, streets, and community facilities projects.

MEGA Loan Finance Program
Minnesota Rural Water Association
Lori Blair, Executive Director: 1-800-367-6792
David Drown Associates, Financial Advisors:  1-612-920-3320

Makes available loans over $1 million.

Water Projects
Public Facilities Authority
Drinking Water Revolving Fund – administered in conjunction with the Minnesota Department of Health
Phone:  651-201-3972
Provides below-market financing to local governments and other public water suppliers to
upgrade and construct drinking water treatment, distribution and storage facilities.
DWRF Frequently Asked Questions

Wastewater and Stormwater Projects
Public Facilities Authority
Clean Water Revolving Fundadministered in conjunction with the Minnesota Pollution Control Agency
Phone:  651-259-7465 or 1-800-657-8833
Provides below-market financing or grants to local governments to upgrade and construct wastewater  or stormwater treatment and collection facilities. 

Water and/or Wastewater Projects
Minnesota Department of Employment & Economic Development
Small Cities Development Program
Phone:  651-297-1980 or toll-free at 1-800-657-3858.
Provides housing grant funds, public facility grants and comprehensive grants.

 

TIF Easy – Tax Increment Financing Made Simple
– program offered in partnership with David Drown Associates