The Economic Development Authority (EDA) facilitates economic growth by supporting existing businesses, by fostering reinvestment in the community, and by supporting the creation of new businesses, jobs, and housing. The EDA provides technical and financial assistance to businesses seeking to expand or start-up in Arlington.
The City has established a seven-member EDA Board to promote and provide for industrial and economic development and redevelopment within the City. The Board meets the first Thursday of each month at 5:30 p.m. in the Council Chambers at City Hall (204 Shamrock Drive).
The City has established a seven-member EDA Board to promote and provide for industrial and economic development and redevelopment within the City. The Board meets the first Thursday of each month at 5:30 p.m. in the Council Chambers at City Hall (204 Shamrock Drive).
USDA Home Loans
- Single-Family Housing Direct Home Loans: These loans provide payment assistance to help low- and very-low-income applicants repay their mortgage. The property must be located in an eligible rural area, and income requirements vary based on where the borrower lives. The repayment period could be up to 33 years, with the possibility of reaching 38 years for qualified borrowers.
- Section 502 Guaranteed Rural Housing Loan: This program helps low- and moderate-income applicants receive 100% financing on their home with no down payment. Repayment for these loans is offered at 30-year fixed-rate terms only. As with the direct home loans, applicants for the guaranteed loan must meet income requirements, and the property must be located in an eligible rural area.
Arlington Industries, Inc.
Contact Larry Sorenson 507-964-5588
Arlington Industries provides gap financing which is designed to stimulate economic development activity by assisting the private sector to create jobs, retain jobs, or expand opportunities for the businesses and citizens of Arlington. When possible, these funds are intended to compliment conventional business financing techniques by leveraging funding from other Federal and State financing programs and private lending institutions.
Twin Cities & Western Railroad
TC&W
Since 2002, Minnesota Prairie Line has operated 94 miles of track between Norwood Young America and Hanley Falls, Minnesota. MPL serves some of the most productive agricultural counties in Minnesota. MPL works in partnership with the Minnesota Valley Regional Rail Authority (MVRRA) and the communities it serves to enhance rural economic development.
For more information about MVRRA, click on the above link or contact Julie Rath, MVRRA Administrator, at mvrraa19@gmail.com.
Since 2002, Minnesota Prairie Line has operated 94 miles of track between Norwood Young America and Hanley Falls, Minnesota. MPL serves some of the most productive agricultural counties in Minnesota. MPL works in partnership with the Minnesota Valley Regional Rail Authority (MVRRA) and the communities it serves to enhance rural economic development.
For more information about MVRRA, click on the above link or contact Julie Rath, MVRRA Administrator, at mvrraa19@gmail.com.