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.
New Markets Tax Credit financing from MMCDC contributed toward construction of high-capacity grain terminal
Community Profile: Jackson, MN
Median Income: 75.6% of Area Median Income
Population Loss: 9% over 10 years
Location: Minnesota Tax Increment Financing District
Community Profile: Rapid City, SD
Poverty Rate: 35.7%
Median Income Compared to AMI: 52.15%
Unemployment Rate: 13.5%
Wide, wooden doorways drew Melissa Price to her historic Perham home, but she soon realized other aspects needed modernizing.
Faced with capacity crowds at its existing store, Seward Community Cooperative in Minneapolis, Minn., turned to its longtime partners to raise affordable, flexible capital for two expansions.