[Minneapolis Foundation](https://www.minneapolisfoundation.org)

February 15, 2023 | August 23, 2023

Up to 30% of eligible project costs, not to exceed $750,000 per project; total program funding exceeds $29 million.

Supports economic recovery and rebuilding in Minneapolis and nearby suburbs affected by COVID-19 and civil unrest through capital project grants.

All funding will be committed by December 31, 2024; projects must be completed by December 31, 2026.

--- ## Description The Main Street Economic Revitalization program, led by the Minneapolis Foundation in partnership with LISC Twin Cities, Propel Nonprofits, and the Metropolitan Economic Development Association (Meda), provides grants to support recovery and rebuilding efforts in Minneapolis and nearby suburbs that were significantly impacted by COVID-19 and the civil unrest following the murder of George Floyd. The program focuses on revitalizing key business corridors by funding projects that foster economic recovery, community development, and long-term resilience. Grants are distributed through a community-centered process, ensuring investments address the unique needs of each corridor, with significant input from local stakeholders. --- ## Due Dates - February 15, 2023: Full proposal deadline (Second phase) — proposals due by 1:00 PM - August 23, 2023: Full application deadline (Third phase) — applications due by 1:00 PM --- ## Funding Amount - Grants cover up to 30% of total eligible project costs, with a maximum award of $750,000 per project. - Projects must secure non-state and non-federal matching funds at a 2:1 ratio (i.e., 200% of the grant amount). - Over $29 million will be distributed across all phases. --- ## Eligibility - **Eligible Applicants:** - Businesses and property owners - Nonprofit organizations (including 501(c)(3) and 501(c)(4)) - Developers (for-profit and nonprofit) - Tenants with site control (ownership, purchase agreement, or landlord approval) - **Ineligible Applicants:** - Local governments - Prior Main Street grant applicants (for the third phase) - **Location Requirements:** - Projects must be located in designated business corridors in Minneapolis, Brooklyn Center, or Brooklyn Park (specific corridors vary by phase). - **Project Requirements:** - Must focus on capital improvements: repair/renovation, new construction, landscaping, predevelopment, design, engineering, or related site amenities. - Must demonstrate outside funding and secure matching funds before grant distribution. - Must be completed by December 31, 2026. --- ## Application Process 1. **Pre-Application:** Applicants complete a pre-application to screen for eligibility and alignment with funding priorities. 2. **Review:** Local community tables review pre-applications and recommend projects to the Minneapolis Foundation. 3. **Full Application:** Selected applicants are invited to submit additional materials. 4. **Matching Funds:** Applicants must provide documentation of committed matching funds and required development approvals before receiving grant funds. 5. **Submission:** All materials are submitted through the [Minneapolis Foundation’s online portal](https://theminneapolisfoundation.my.site.com/Portal/s/login/SelfRegister). 6. **Reporting:** Grantees must report on construction progress, matching funds, prevailing wage compliance (if applicable), and economic/community impact. --- ## Additional Information - **Eligible Expenses:** Repair/renovation, construction, landscaping, predesign/design, engineering, infrastructure, site amenities. - **Ineligible Expenses:** Purchase of real estate, business operations, inventory, wages, working capital. - **Priority:** Projects led by or benefiting Black, Indigenous, or people of color; those building wealth, creating jobs, and stabilizing communities. - **Prevailing Wage:** Projects receiving over $200,000 in state-backed grants must comply with Minnesota prevailing wage statutes. - **Community Engagement:** Applicants are encouraged to involve community members in project planning and implementation. --- ## External Links - [Main Street Economic Revitalization Program Overview](https://www.minneapolisfoundation.org/main-street/) - [Third Phase Guidelines](https://www.minneapolisfoundation.org/stories/community-issues/main-street-grants-third-phase/) - [Second Phase Guidelines](https://www.minneapolisfoundation.org/stories/community-issues/second-phase-of-main-street-grants/) - [Application Portal](https://theminneapolisfoundation.my.site.com/Portal/s/login/SelfRegister) - [FAQ](https://www.minneapolisfoundation.org/main-street/#accordion_5) - [Sample Matching Funds Chart](https://www.minneapolisfoundation.org/wp-content/uploads/2022/03/sample-chart-final.jpg) - [Application Preview Worksheet](https://www.minneapolisfoundation.org/wp-content/uploads/2022/10/Main-Street-Economic-Revitalization-Program-October-2022-Preview.pdf) --- ## Contact Information | Name | Role/Area | Email | |------------------------|------------------------|-----------------------------------------| | Jo-Anne Stately | Senior Director of Impact Strategies | [jstately@mplsfoundation.org](mailto:jstately@mplsfoundation.org) | | Josh Johnson | Program Officer | [jjohnson2@mplsfoundation.org](mailto:jjohnson2@mplsfoundation.org) | | Grants Administration | Application Support | [grantsadministration@mplsfoundation.org](mailto:grantsadministration@mplsfoundation.org) | For general inquiries, visit the [Minneapolis Foundation contact page](https://www.minneapolisfoundation.org/contact/) or call (612) 672-3878.

Main Street Economic Revitalization

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