Economic Development Authority

Economic Development Authority

The Economic Development Authority is a multi-faceted community development agency for the City of East Grand Forks.  The City has always been very active and involved with projects that assist business and industry which shapes our community. Under the leadership of the Economic Development Authority Board, the Mayor, and City Council, this office continues that mission.

Business Assistance Programs

East Grand Forks and the State of Minnesota provide several business assistance opportunities. The EDA administers revolving loan programs to provide additional capital. The EDA also manages the Border Cities tax credits, most commonly used to reduce property tax credits. The principal State of Minnesota programs include the Minnesota Investment Fund, the Minnesota Job Creation Fund, and the Greater Minnesota Business Development Infrastructure program. In addition, there are resources available for workforce training programs.  

Residential & Business Development

Programs are available for residential, commercial, and industrial development. Please visit the residential development page and our commercial-industrial development page to see what we have available for you or your business.

Main Street Economic Revitalization Program

The State of Minnesota has provided $421,218 under the Main Street Revitalization Economic Revitalization Program  through the Northwest Minnesota Foundation to East Grand Forks for the repair or renovation of property, building construction, landscaping, streetscaping, demolition and site preparation, pre-design, design, engineering, non-publicly owned infrastructure, and related site amenities for a large portion of East Grand Forks. The application period opened on October 17 and runs through December 20, 2022, for the first round of funding.  This is a grant program that can cover up to 30% of eligible costs.  Please see the press release and information sheet for more information, including how to apply.

Agendas, Packets, and Minutes

The Economic Development Authority Board information and links to the agenda, packets and minutes can be found on the Economic Development Authority Board page.