Community Planning & Economic Development

Phone: (612) 673-5095
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Revenue Bond Program

Revenue bonds can be used to finance industrial, commercial and medical facilities, multifamily rental housing, nursing homes and some nonprofit activities. Projects can include land acquisition, new-facility construction, additions to existing facilities, purchase and renovation of existing structures and production-equipment purchase.

State and local government agencies may issue tax-exempt or taxable revenue bonds on behalf of private borrowers to provide lower interest rates on long-term financing. Revenue bonds issued for industrial/manufacturing, medical facility, 501 (c) (3) nonprofit or nursing-home projects are generally tax-exempt; those for commercial projects are taxable.

Who is eligible for revenue bonds?

How does the revenue bond program work?

What are the rates, terms and fees?

What is the revenue bond process?

What information do you need to provide?

For more information, contact Charles Curtis at (612) 673-5079. 

All programs and guidelines are subject to change without notice.
Online information from the City of Minneapolis at MinneapolisMN.gov/CPED

Last updated Jan 29, 2013