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Minnesota Stories

A Fresh Start
Zephyr Estates provides an important rental opportunity in the small town of Audubon, Minn. MMCDC purchased Zephyr in 2016 and worked with the U.S. Dept. of Agriculture to maintain the affordable rents. Due to the building’s age and condition, MMCDC later undertook a major interior renovation.
A New Look
Today, the interior of Barber Jon’s is charming. From the antique barbershop light to the Vikings football jersey, the friendly, comfortable environment offers standard barbering services delivered with community pride.
A Place To Be
Trinity G. and her mother lived in a mobile home for several years before their landlord decided to put it up for sale.
AGCO Returns Jobs to US
In 2011, AGCO announced plans to expand the company’s Jackson, Minnesota manufacturing facility to produce high-horsepower, wheeled, row-crop tractors, which had previously been produced in France.
At Home in Red Lake Falls, Minn.
This up-to-date, maintenance-free home featured two finished bedrooms and a full bath on the main level, plus a two-stall attached garage. The basement was ready-to-finish for two additional bedrooms and a full bath, equaling more than 1,900 square feet of living space when finished.
Buying Local
When impassioned community members came together in 2016 to form a food co-op, MMCDC responded with technical assistance, flexible financing and referrals.
Cook’s Country Connection: A one-of-a-kind community hub
A petting farm in a town of less than 530 people in northern Minnesota might not sound like a great business plan, but that’s only because you haven’t met Lois Pajari.
Crookston Sports Center & Duluth Heritage Sports Center
Two multi-purpose facilities in Northern Minnesota are helping to meet the physical fitness needs of community residents of all ages. Crookston’s new arena accommodates figure skating and ice hockey while also providing a walking track for general use. In Duluth, the sports center includes ice arenas and Boys and Girls Club space. Both facilities include convertible space for indoor soccer, volleyball, softball, tennis and more.
Ebbs Fills Land Management and Training Need in Ely
Kesley Ebbs, from Jacksonville, was drawn to Ely, Minnesota by dogsledding, but over the past five years he's made it his home. During that time, he’s been working with Minnesota North College - Vermilion (previously Vermilion Community College) and other organizations like the U.S. Forest Service and city of Ely to help grow sustainability projects like planting trees and clearing dead trees that could be dangerous during wildfire season.
Entrepreneur Interview: Building Momentum with Stephanie Ferguson
“I knew in my heart it was a no brainer. The reality hit after I told my husband, which he was not surprised.” That was Stephanie Ferguson’s reaction when she found herself purchasing a building that belonged to East Haven halfway house in St. Cloud, Minnesota, where she worked as the director.
Expanding nonprofits in Detroit Lakes, Minn.
MMCDC established a $5 million rural New Markets Tax Credit fund to finance two nonprofit agencies benefiting youth and families. Lakes Crisis and Resource Center constructed a 17,250-square-foot, 27-bed shelter and office for their family-focused programs. Across town, the Detroit Lakes Community and Cultural
Family spends warm and cozy winter in remodeled home
Wide, wooden doorways drew Melissa Price to her historic Perham home, but she soon realized other aspects needed modernizing.

CDFI Branches in the State

African Development Center
African Economic Development Solutions
Community Neighborhood Housing Services
Community Reinvestment Fund
Embarrass Vermillion FCU
Embarrass Vermillion FCU
Embarrass Vermillion FCU
Embarrass Vermillion FCU
Embarrass Vermillion FCU
First Children’s Finance
First Independence Bank
First Independence Bank
Greater Minnesota Housing Fund
Habitat for Humanity of Minnesota
Hmong American Partnership ECDC
Indian Land Capital Company LLC
Initiative Foundation
Latino Economic Development Center
Metropolitan Consortium of Community Developers
Metropolitan Economic Development Association
Mid Minnesota Federal Credit Union
Mid Minnesota Federal Credit Union
Mid Minnesota Federal Credit Union
Mid Minnesota Federal Credit Union
Mid Minnesota Federal Credit Union
Mid Minnesota Federal Credit Union
Mid Minnesota Federal Credit Union
Mid Minnesota Federal Credit Union
Mid Minnesota Federal Credit Union
Mid Minnesota Federal Credit Union
Mid Minnesota Federal Credit Union
Mid Minnesota Federal Credit Union
Midwest Minnesota CDC
Minnesota Power Employees Credit Union
Minnesota Power Employees Credit Union
Minnesota Power Employees Credit Union