- Home
- Doing Business
- Doing Business in Fridley
- Financial Resources
Financial Resources
The city of Fridley offers a variety of financing options for projects that keep development in our city vibrant and growing. These resources are administered by both the city and our partners:
- Central Minnesota Development Company (CMDC)
- Metropolitan Consortium of Community Developers (MCCD)
- Center for Energy and Environment (CEE)
Click here for a printable version of these financial resources and incentives
Financial Resources and Incentives for Fridley Businesses
Fridley Business Loan | Land, building, machinery, equipment (no working capital) | Mike Mulrooney, CMDC: 763-784-3337 |
Tax Increment Financing/ Tax Rebate Financing |
Significant commercial/industrial development | Paul Bolin, City of Fridley HRA: 763-572-3591 |
CMDC Initiative Fund | Land, building, machinery, equipment | Mike Mulrooney, CMDC: 763-784-3337 |
MCCD Small Business Loan Program | Real estate, fixed assets, inventory and working capital | Kathleen DuChene, MCCD: 763-438-7315 |
CEE Energy Efficiency Loans | Lighting, HVAC equipment, refrigeration equipment, insulation, doors and windows | Jim Hasnik, CEE: 612-335-5885 |
Minnesota Investment Fund | Loans for real estate and fixed assets for manufacturing and technology-related industries | Paul Bolin, City of Fridley HRA: 763-572-3591 |
State of Minnesota Job Creation Fund |
Rebate for job creation | Paul Bolin, City of Fridley HRA: 763-572-3591 |
Metropolitan Council Livable Communities Grants | Grants for land assembly and public infrastructure that maximize benefits of regional infrastructure | Paul Bolin, City of Fridley HRA: 763-572-3591 |
Metropolitan Council Tax Base Revitalization Account | Environmental assessment and cleanup for residential, commercial or industrial development | Paul Bolin, City of Fridley HRA: 763-572-3591 |
State of Minnesota Redevelopment Grants | Grants supporting real estate redevelopment | Paul Bolin, City of Fridley HRA: 763-572-3591 |