DEED Roundup - January 14, 2019

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January 14, 2019

DEED in the News

DEED providing some of the funds for contamination cleanup

DEED is giving the Roseville Economic Development Authority $325,000 that will be used to decontaminate the future site of apartments off County Road D between Old Highway 8 and Highway 88. Work on the first phase of the 209-unit, three-building development called the Edison Apartments began in December, with the site being cleared of trees, according to city Housing and Economic Development Program Manager Jeanne Kelsey.

Two grants to help Winona homeowners finance repairs
Winona Daily News - 1/09/2019

DEED awarded $296,349 to preserve owner-occupied homes through the Small Cities Development Program. And the Federal Home Loan Bank Des Moines, one of the nation’s largest sources of grants for affordable housing projects, allocated $376,820 for the City of Winona Home Rehabilitation Program.

The new data center will be powered in part by wind energy

Google looking at Becker to build a $600 million data center
StarTribune - 1/10/2019

The data center, essentially a big building full of servers, was disclosed Thursday in a regulatory filing by Minneapolis-based Xcel Energy, which would play a big role in the project. The Google server farm would create about 50 full-time tech jobs and about 2,000 construction jobs over 18 to 24 months. The Google facility would be one of the largest private construction projects in recent state history.


Recent Blog Posts

Minnesota’s seasonally adjusted unemployment rate held at 2.8 percent in November for the third month in a row. The state’s unemployment rate remains the lowest since May 1999 and three tenths of a point above the all-time low of 2.5 percent (January and February, 1999). October’s gain of 3,400 jobs was reduced to 2,500 after revision. See more on the DEED Developments blog.

Did You Know?

Minnesota is ranked best state in the nation to raise a family according to WalletHub. WalletHub looked at all 50 states and compared them on 49 different factors based on family friendliness. According to their rankings Minnesota is the best place in the nation for families.

Two Fathers holding a baby