The Hennepin County Housing and Economic Development is accepting applications for its Transit Oriented Development (TOD) Program.
Donor Name: Hennepin County Housing and Economic Development
State: Minnesota
County: Hennepin County (MN)
Type of Grant: Grant
Deadline: 04/21/2022
Size of the Grant: $2,200,000
Grant Duration: 2 years
Details:
Funding Information
- Approximately $2,200,000 is available for award in 2022 through the Hennepin County Housing and Redevelopment Authority (HCHRA). The program is highly competitive and regularly oversubscribed. Only approved activities that occur after the date of TOD award are eligible for reimbursement.
- Funding awards are anticipated to be announced in July 2022. Funded activities must be completed by December 31, 2024
Eligible TOD projects include:
- New development, redevelopment, or the rehabilitation/renovation of vacant commercial/retail/office/industrial buildings
- Commercial/retail/manufacturing (jobs projects), mixed-use, housing
- Priority projects are jobs-producing projects, and those that include wealth-building opportunities for small business owners, commercial affordability, and/or jobs and community ownership opportunities in low-income communities.
- Comprehensive public infrastructure investments, related to improving walkability & development potential in select situations, e.g. – new streets to improve intersection density and create better development parcels; street reconstruction and associated infrastructure such as sidewalks; district stormwater or energy systems
- Standalone activities such as just landscaping, or lighting are not eligible
- Strategic site acquisition in select situations.
Who can apply?
Eligible applicants include:
- For-profit developer
- Nonprofit developer or organization
- City, county, or housing/development/port authority
For more information, visit Transit Oriented Development Program.