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:

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