NEW PROGRAM FOR PROPERTY OWNERS!
The Caledonia Economic Development Authority was established in 1992 and exists to support local businesses, attract new businesses, and promote the economic climate in the City of Caledonia.
In furtherance of these objectives, the EDA has recently established the Downtown Redevelopment Program (DRP) to encourage property owners to redevelop underutilized or blighted properties in the central business district (B-1 zone) by providing funds for demolition, site cleanup, site prep, and renovation.
The program will continue until January 1, 2019 or until the program funds are depleted, whichever occurs first. The EDA has budgeted $50,000 for this program.
For more information please click here: DOWNTOWN REDEVELOPMENT PROGRAM
For other EDA opportunities visit our website incentives page: https://caledoniamn.gov/incentives/