Community Planning & Economic Development

Phone: (612) 673-5095
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501 (c)(3) Revenue Bonds

The City of Minneapolis provides low-cost, tax-exempt bond financing for capital improvement projects to nonprofit organizations. Projects can include land acquisition, new-facility construction, additions to existing facilities, purchase and renovation of existing structure and purchase of fixed equipment.

Typical borrowers include hospitals, nursing homes, health care providers, educational institutions, museums, performing arts organizations and other community organizations who are tax exempt under Section 501(c)(3) of the Internal Revenue Code.

How does the 501 (c) (3) Revenue Bond Program work?

What are the rates, terms and fees?

What information do you need to provide?

For more information, contact Charles Curtis at (612) 673-5069.

All programs and guidelines are subject to change without notice.
Online information from the City of Minneapolis at MinneapolisMN.gov/CPED

Last updated Feb 15, 2019

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For reasonable accommodations or alternative formats, contact 311.
People who are deaf or hard of hearing can use a relay service to call 311 at 612-673-3000.
TTY users can call 612-673-2157 or 612-673-2626.

Para asistencia 612-673-2700, Yog xav tau kev pab, hu 612-637-2800, Hadii aad Caawimaad u baahantahay 612-673-3500. 

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State statute 471.701; Notice of Salary Compliance, requires that the City post for not less than 90 days
the job title of the three highest paid employees along with their base salary. For 2018 these were:
1. City Attorney, $186,490
2. Assistant City Coordinator Convention Center, $183,600
3. Director Public Works, $181,191

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