• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Home
  • Reports
  • News
  • Calendar
  • RFP
  • Careers
  • Contact
CEDA

CEDA

Community Economic Development Associates

  • About CEDA
  • Programs & Services
    • Community Support Program
    • Small Business
    • Grant Writing
    • Rural Innovation
    • Planning & Development
    • Workforce Development
    • Agricultural
    • City Administration
  • CEDA TEAM
  • Communities We Serve
  • CEDA Partners

Eyota Leverages Program Funding to Encourage Commercial Facade Improvements and Apartment Rehabilitation

June 30, 2021 ·

Article by: Cathy Enerson

CEDA team member in Eyota, Cathy Enerson, reports that $514,381 of total investment has been injected into 39 projects in Eyota.  Of this figure, $228,341 represents private investment and $286,040 is from grant dollars.  The grant dollars are from Eyota’s Rochester Sales Tax funds and the MN Department of Employment and Economic Development’s Small Cities Block Grant funds.   

Building improvements began several years ago using both the Rochester Sales Tax funds for historic downtown façade improvements, and the DEED funds for apartment rehabilitation. Using the combined funding, 11 buildings have received facade improvements and 28 apartment units were rehabbed. 

“The most important outcome”, states Enerson,  “is the fact the community has injected over half a million dollars into needed building improvements without causing apartment rents to have to increase due to the cost of building rehabilitation.   The building owners, renters, and Eyota residents win when existing buildings are improved.”   Through the Eyota EDA, Enerson administers the Historic Downtown Facade Improvement Grant program, and CEDA administers the DEED Small Cities Block Grant program for the City of Eyota, creating a systematic process and timeline for the building rehabilitation. 

News + Announcements

Primary Sidebar

More CEDA News

Lake City Promotes ADUs to Address Housing Shortage

December 7, 2023

KickAss Jerky Expands in Goodview, MN with New Facility on EDA Land

December 7, 2023

CEDA Brings Major Housing Project to Jackson

December 7, 2023

Apply for the Rural Capacity Program

November 27, 2023

Kenyon’s Depot Park Undergoes Revitalization Effort

November 7, 2023

Spring Grove Awarded $312,990 Through DEED Redevelopment Grant

November 7, 2023

CEDA Sits with U.S Secretary of Agriculture at Rural Business Roundtable

November 7, 2023

CEDA Helps Benson Revive Quilt and Garden Tour

October 11, 2023

Hayfield Unveils New Bike Share System

October 11, 2023

Inaugural RBIL Cohort Hits Halfway Mark

October 11, 2023

Foresight Bank Opens New Branch in Eyota

September 20, 2023

Massman Heads up CEDA’s Loan Operations

September 20, 2023

Reviving Spring Grove Cinema: CEDA Secures $25,000 for Transformation Project

September 20, 2023

Senator Smith visits Spring Grove to highlight rural economic development

August 14, 2023

Rural School Districts see Benefits from CEDA’s Workforce Coordination Program

August 7, 2023

Compeer Invests $1,000,000 in CEDA Initiatives

August 7, 2023

CEDA Annual Training Explores Community and Staff Development

August 7, 2023

Metz Farm in SE Minnesota (Rushford), Winona County is up for sale.

July 17, 2023

CEDA Helps St. Peter Students Bring Fine Dining to School

July 10, 2023

Sell Brings Finance Acumen and an Active Approach to CEDA Board Chair Role

July 10, 2023

View more

CEDA

Copyright © 2023 · Website Design and Hosting by SMG Web Design of Preston, Minnesota.