Revitalizing the heart of the community
16 Oct 2017
In recent decades, many cities have prioritized the revitalization of their downtown districts.
A strong city center is not just good for business and it’s good for the community. It’s a helpful indicator of a city’s overall vitality.
The Elk River Economic Development Authority has a loan program dedicated to downtown revitalization. Downtown businesses can access low interest loans of up to $75,000 for business development and renovation.
Some of the potential uses are building construction, modernization and exterior renovation.