construction assistance program

St. Cloud to Offer Forgivable Loans for Business Construction
St. Cloud to Offer Forgivable Loans for Business Construction
St. Cloud to Offer Forgivable Loans for Business Construction
The city of St. Cloud will use a temporary provision outlined in the 2010 Minnesota Jobs Bill to try to spur economic growth. It allows cities which have cash balances in their tax increment financing districts to offer forgivable loans for certain construction projects or major renovations.