Communities in rural Minnesota face many obstacles, such as deteriorating infrastructure (e.g., buildings, roads, etc.) and an absence of developmental leadership and knowledge. MMCDC works hard to improve rural communities by assessing strengths and weaknesses and providing strategies for positive growth and change. Click on one of the links below to find out more about how MMCDC is helping communities in rural Minnesota become better places to live and work.
On June 14, 2022, the White Earth Investment Initiative, a new subsidiary of the Midwest Minnesota Community Development Corporation, wass formed under the leadership of Arlen Kangas, Ph.D., to meet the community economic development goals of the White Earth Reservation. Its mission later expands to Native Communities in Minnesota. The following are highlights from its first 20 years.
710 Washington Ave., Detroit Lakes, Minn.
Part of the Holmes Block, developed in 1892 by E.G. Holmes, redeveloped by MMCDC
MMCDC New Market Tax Credit Investment: $5.28 million
Sunrise Banks NMTC QLICI Investment: $5.34 million
Total Project Cost: $11.56 million
Investor: US Bank CDC
Leverage Lender: Plymouth Christian Youth Center
Location: Federally designated Opportunity Zone