The grant program will address economic development and redevelopment needs that have arisen in the East Metro since March 15, 2020.
The Saint Paul & Minnesota Foundation has been selected as one of the partners for the Department of Employment and Economic Development (DEED)’s first round of the Main Street Economic Revitalization Program.
Our East Metro Main Street Revitalization Program will distribute $7 million in grants to businesses and nonprofit organizations in the Snelling-University-Rice Cultural District, the East Side community and along West Seventh Street. See map below.
Grants will support economic recovery from the impacts of civil unrest and the COVID-19 outbreak, including hardship suffered due to the pandemic, civil unrest and other challenges to these commercial corridors since March 15, 2020.
Application Update July 2022
Applications are not yet being accepted for this program. Please read the eligibility details below and sign up to receive updates when more information is available.
- Applications will open at the end of summer or early fall 2022.
- Applications will be accepted on a rolling basis, with grants awarded beginning fall 2022.
- All grant funds will be distributed by June 2025, and work funded by the program must be completed by December 2026.
- These grants require matching funding sources. All required matching funds must be raised within 15 months of being awarded a grant and before the grant funds are distributed. The Saint Paul & Minnesota Foundation is committed to helping raise matching funds.
Applicants will be expected to work with identified technical assistance partners, who will help applicants navigate the process and submit applications. These services will be provided at no cost to applicants.
Grant funds will be used to support economic recovery projects led by nonprofits and businesses that respond to COVID-19 impacts, major closures and/or vacancies in the corridor, and widespread property damage due to civil unrest.
Projects led by and serving Black, Indigenous, Asian, Latino, new Americans, immigrants, refugees, people with disabilities, LGBTQI communities, veterans, low-income communities or other historically disinvested communities will be given priority in funding.
Eligible projects include the development, redevelopment, demolition, site preparation, predesign, design, engineering, repair, or renovation of real property or capital improvements. The activities may include but are not limited to: construction of buildings, infrastructure, and related site amenities, landscaping or street-scaping.
Eligible projects do not include the purchase of real estate or business operations or business operating expenses, such as inventory, wages or working capital.
Grants of up to $750,000 may be awarded to eligible recipients for eligible projects.
These are leveraged grants, requiring matching funds.
- Leveraged grants can cover up to 30% of an eligible project cost up to $750,000 in state grant funds.
- Grants must be matched with non-state funds at 200% of the state's portion of the grant.
- Matching funds may include but are not limited to funds contributed by a partner organization and insurance proceeds from an eligible recipient.
- Matching funds cannot include state or federal funds.
- Matching funds sourced from other assets and sources must be restricted for use exclusively through this program.
- An eligible project must have secured commitments for all required matching funds and all required development approvals before a leveraged grant may be distributed.
As a partner organization, the Saint Paul & Minnesota Foundation is committed to helping raise matching funds, to be used in conjunction with other local funding sources and financial resources secured by applicants themselves.
Businesses and organizations must be located along the following corridors to be eligible for grants:
Snelling-University-Rice Cultural District
- Snelling Avenue: Portland Avenue to Englewood Avenue
- University Avenue: Fairview Avenue to Rice Street
- Rice Street: University Avenue to Larpenteur Avenue
East Side Community
- East 7th Street: Olive Street to Arcade Street
- Payne Avenue: East 7th Street to Maryland Avenue
- Arcade Street: East 7th Street to Maryland Avenue
- White Bear Avenue: Suburban Avenue to Larpenteur Avenue
- I-94 (Suburban Ave/Old Hudson Rd.): White Bear Avenue to McKnight Road
West 7th Street
- West 7th Street: Kellogg Boulevard to 35E
To be notified when more information is available, complete the form below.