MnDOT, DEED taking applications for Transportation Economic Development program funding
ST. PAUL, Minn. — Minnesota cities, counties and other government entities can apply for matching funds for transportation infrastructure projects that support economic development through the Minnesota Department of Transportation and Department of Employment and Economic Development.
MnDOT’s Transportation and Economic Development program and DEED’s Transportation Economic Development infrastructure program are a competitive grant programs designed to help meet the state’s transportation and economic development needs by creating and preserving well-paying jobs and leveraging private and local investment in transportation infrastructure.
Information sessions about the application process will be held in eight locations throughout the state.
Funding available under MnDOT’s program can only be used on trunk highway eligible projects. Funding under DEED’s portion of the program can only be used for infrastructure not on the state’s trunk highway system. The application deadline for this year’s program is Sept. 15, 2017.
A total of $18.4 million is available in this year’s solicitation for trunk highway eligible project components, and $4.2 million of DEED general obligation bond funding is also available. The funding will be split between projects in Greater Minnesota and the Twin Cities’ seven county metropolitan area.
“This partnership between DEED and MnDOT recognizes the economic value of improved bridges, roads and highways in Minnesota,” said DEED Commissioner Shawntera Hardy. “Quality transportation infrastructure is a tool that communities can use to attract businesses and a talented workforce.”
“There’s been a great amount of economic development throughout the state because of this program,” said MnDOT Commissioner Charlie Zelle. “Transportation investments can support businesses expanding with new jobs and spur economic growth in our communities.”
The program specifically targets transportation improvements that will lead to measureable economic benefits. To be eligible, projects must contribute to job creation or retention or another measureable economic outcome.
MnDOT will select projects on the basis of transportation benefits, economic benefits and project readiness.
Information session location dates and times are:
- June 13 – Rochester, MnDOT District 6 Office, 2900 48th St. NW, 11 a.m. to 12:30 p.m.
- June 15 – Baxter, MnDOT District 3 Office, 7694 Industrial Park Rd., 10 a.m. to noon.
- June 16 – Roseville, MnDOT Metro District Office, 1500 W. County Rd. B2, Conference Rooms A-C, 10:30 a.m. to noon.
- June 19 – Mankato, MnDOT District 7 Office, 2151 Bassett Drive, Northwoods Conference Room, 10 a.m. to noon.
- June 20 – Willmar, MnDOT District 8 Office, 2505 Transportation Rd., Green Lake Conference Room, 1 to 3 p.m.
- June 21 – Thief River Falls, MnDOT District 2 Office/Pennington County Joint Operations Facility, 248 125th Ave., 10 a.m. to noon.
- June 22 – Detroit Lakes, MnDOT District 4 Office, 1000 Highway 10 W, 10 a.m. to noon.
- June 28 – Duluth, MnDOT District 1 Office, 1123 Mesaba Ave, 10 a.m. to noon.
The TED program has provided more than $103 million in grants to 36 projects throughout Minnesota since 2011. This investment leveraged $226 million in local government and private funds.
Applications can be submitted electronically to Ken Buckeye, MnDOT Office of Finance, by 5 p.m., Sept. 15, 2017. Applications are on MnDOT’s TED solicitation website.