Business Incentive Programs

Business Development Grant

Grant funds are available to help provide financial assistance to business owners who have projects meeting the criteria for the national objective of benefiting low and moderate-income (L/M) persons. The following uses are eligible for grant funding: business expansion assistance, microenterprise assistance and redevelopment assistance for certain parcels owned by the City's Economic Development Authority.

• Development Grant Information
• Grant Application

Commercial Rehabilitation Grant Program
Grant funds are available to assist local businesses and/or property owners who are making qualified improvements to eligible commercial properties that eliminate conditions that are detrimental to public health and safety. The following are examples of qualified improvements: correcting code violations, code improvements, and the correction of handicap accessibility issues. The intent of the grant program is to prevent the deterioration of commercial structures and discourage blight, encourage projects that correct code violations and to eliminate accessibility restrictions. Requirements of the program include, but are not limited to the following:

• Applicant providing a 1:1 dollar match
• Competitive bidding
• Davis-Bacon Wage Act (payment of prevailing wages to contractors)

Program Information and Application

• Commercial Rehabilitation Grant Program Information
• Commercial Rehabilitation Grant Application

Please contact Tony Wippler, at twippler@ci.farmington.mn.us
or 651-280-6822 with questions about Business Development and Commercial Rehabilitation Grants.

Business grant programs are funded with Community Development Block Grant funds received from the Dakota County Community Development Agency [CDA]. The CDA is the distributor of these funds on behalf of the Federal Department of Housing and Urban Development [HUD].

Anna's Bananas Daycare and Preschool was awarded a business development grant.

Quick Links

2030 Comprehensive Plan

Economic Development Comp Plan Chapter

City Code

Development Opportunities

Business Resources and Partnerships

Development Review Team Contacts