Coon Rapids Economic Development

The Economic Development Division facilitates economic development and redevelopment in the City. The Economic Development Division responsibilities include:

  • Facilitating redevelopment of blighted properties.
  • Assisting in marketing available commercial and industrial land and providing resources for business development.
  • Assisting with financing for projects that help achieve the City's development goals.

Coon Rapids is proud of its diverse business community, which employs about 23,400 people and provides goods and services to local, regional, national and international markets. The City is home to over 40 manufacturing firms, including manufacturers of medical instruments, aircraft parts, and electrical equipment. The City also includes a large amount of office space and over 2 million square feet of retail space in the Riverdale business district near US 10 and Main Street. The City of Coon Rapids is comitted to maintaining a positive business climate and fully cooperating with the business community to encourage greater economic development and greater employment.

CDBG Project Application & Guide

The City of Coon Rapids is reprogramming up to $150,000 in 2009 Community Development Block Grant (CDBG) program funding for use on eligible CDBG projects in the City of Coon Rapids. The CDBG program provides project funding allocated by the U.S. Department of Housing and Urban Development (HUD) for activities that include physical improvements to public facilities, commercial, industrial and residential buildings and direct economic development assistance to private enterprises. Projects assisted with CDBG funding must meet a national objective of the federal program including benefitting low- or moderate-income persons and/or aiding in the prevention or removal of slum and blighted conditions. The City is proposing to distribute reallocated 2009 program funds to an eligible project or projects through a competitive grant application process. The allocation of funding is regulated by federal program regulations that require the City exclude public service activities from this application process.

Project Application Form and Project Application Guide

This application process and funding opportunity must adhere to a tight time table of the federal program regulations and, therefore, all successful applications will be projects that have the capability of being started immediately and completed by December 31, 2010. Applications are due at 12:01 p.m. on Friday, July 9, 2010, with funding awarded in late August. Questions may be directed to Cheryl Bennett at the City of Coon Rapids at 763-767-6422.

Staff Directory

Coon Rapids is a city with a rich history with a keen focus on the future. It is with the strong roots from its past and its passion for the future that Coon Rapids has become a dynamic and vibrant community leader.