Development grants

We explain the Livable Communities Demonstration Account (LCDA) and Transit-Oriented Development (TOD) grants.

2024 grants

Overview

The sponsorship application period is closed for 2024.

  • The City of Minneapolis will begin accepting sponsorship application for LCDA and TOD development grants in March.
  • A $750 application fee is due by the application deadline. We do not accept late applications.
  • We reserve the right to:
    • Accept or reject all funding requests
    • Rescind the request for proposals
  • City staff review proposals through a set selection process. Factors included:
    • Project readiness
    • Conformance with City plans and program requirements

We recommend up to three applications for each program. Each city may submit only three applications per program.

Schedule

  • Sponsorship application released: March 14, 2024
  • Sponsorship application due: April 12, 2024
  • Recommendation to BIHZ Committee: June 18, 2024
  • City Council decision: June 27, 2024
  • LCDA/TOD draft application due: July 30, 2024
  • LCDA/TOD final application submission: August 12, 2024

Know the development grant process

Application details

You must submit an online sponsorship application for LCDA and TOD grants.

See sponsorship application


Questions

Contact Linnea Graffunder-Bartels

Development grant process

Before submitting a sponsorship application for a LCDA or TOD grant, read the following.

Selection process

  • The City requires a $750 sponsorship application fee for LCDA and TOD Development grants.
  • LCDA and TOD development grants are very competitive.
    • Not all projects submitting sponsorship application will be able to submit applications to the Metropolitan Council.
    • The Metropolitan Council receives more requests for funding than they have funding available.
  • We give selection preference to projects with committed City funding.
  • Community Planning & Economic Development (CPED) staff make recommendations to City Council. City Council decides which funding program applications to submit.
  • While the project developer prepares the applications, these are City applications to Metropolitan Council. The City reserves the right to make changes to applications up to the time we submit to the Metropolitan Council.

Grant funds

Grant funds will not be:

  • Awarded by Metropolitan Council until the 4th quarter of 2024.
  • Available to the developer until the City accepts the grants from the Met Council and executes a Grant Agreement. At that time, a pass-through contract between the City and the developer can be executed.
  • Available until the project is fully funded and ready to begin construction. Grant funds can be used to reimburse the developer for costs incurred and billed.

Administration fee

Grant award administration fee details:

  • The City will collect the fee when executing subrecipient agreement between the City and the developer.
  • You cannot use City or Metropolitan Council funds to pay this fee.

Fee amounts

Affordable Housing Projects

3% per grant award, capped at $20,000 per award (not per project)

This grant administration fee is due at closing.
Commercial Projects 7% per grant award
Commercial Projects located in Great Streets in "priority eligible" areas by the Great Streets Business District 3% per grant award (not per project)

Compliance

The City will require compliance with City policies, including:

Contact us

Linnea Graffunder-Bartels

Community Planning & Economic Development

Email Linnea Graffunder-Bartels

Phone

612-673-5102

Address

Public Service Building
505 Fourth Ave. S., Room 320
Minneapolis, MN 55415