Pictured: Nancy Hoffman, Exec. Director-Chisago County HRA-EDA & Terry Stein, Vice President-MBFC
Supporting Small Business Through Economic Development!
Midwest Business Finance Corporation (MBFC) recently awarded a $3,000 grant to the Housing and Redevelopment Authority/Economic Development Authority (HRA-EDA) of Chisago County, Minnesota.
The Chisago County HRA-EDA plays a vital role in supporting local economic growth by providing a wide range of resources to both public and private sector partners. Their work includes securing and administering local, state, and federal funding, assisting with business park development, and supporting tax increment financing, tax abatement, and other business incentive programs.
In addition, the HRA-EDA helps new businesses establish operations in the county and supports existing businesses with expansion efforts. Their initiatives also focus on housing rehabilitation, senior housing development, and strengthening the overall commercial and industrial tax base—all while promoting Chisago County as a destination for new business opportunities.
MBFC values its strong partnership with the Chisago County HRA-EDA and appreciates the meaningful impact these resources bring to the Chisago County area.