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.
EDA Board
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 second Monday of each month at 5:30 p.m. in the Council Chambers at City Hall (204 Shamrock Drive).
**Agendas & Minutes Available**
EDA Offers Assistance To Businesses
Arlington Child Care Loan Program
Residential Rental Rehab Program
Downtown Sign Program
Other Resources
Regional Center for Entrepreneurial Facilitation
Revolving Loan Fund Policies and Procedures
Revolving Loan Fund Application
City of Arlington TIF/Abatement Policy
USDA Rural Development Assistance
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.
Available Residential Lots
Arlington EDA unplatted residential lots – not platted, and no water or sewer connections.
Arlington Meadows – sewer and water connections set up.
High Island Creek Addition – sewer and water connections set up.
Profile of Arlington for Prospective Businesses
PEOPLE |
BUDGETS |
| Population 2,249 | Median Home Value $130,400 |
| Labor Force 1,174 | Avg Hhld Expenditures $47,623 |
| Small Businesses 101 | Median Hhld Income $48,139 |
| Job Growth (2012-2013) 5.2% | Top Tier Personal Income Tax 7.9% |
| Unemployment Rate 4.3% | Top Tier Corp Income Tax 9.8% |
| Median Age 35.8 Years | Top Tier Per. Cap. Gains Tax 7.9% |
| Nearest High School In City | Top Tier Corp. Cap. Gains Tax 9.8% |
| Nearest Hospital In City | State Sales Tax 6.9% |
LABOR FORCE |
TRANSPORTATION |
| BA/BS Degree or Higher 9.35% | Commute Travel Time 26 mins |
| High School Diploma or Higher 79.97% | Airports in County 0 |
| White Collar Workers 54% | Airports w/in 50 Miles 13 |
| Blue Collar Workers 45% | Miles to Interstate 35 miles |
| Higher Ed. Facilities w/in City None | Miles to Rail In City |
| High Ed. Facilities w/in 50 Mi 12 | Latitude 44.60891 |
| Longitude -94.07599 |
Twin Cities & Western Railroad
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 [email protected].
Business Toolbox
Thinking you want to start-up or purchase a business? Here’s a one-stop shop to get you started!
Appointed members include:
Kurt Menk (President)
Councilmember Matt Scharpe (V. President)
EDA Director Amy Newsom (Secretary)
Councilmember Joe Morgan
Tim Kloeckl
Larry Sorenson
Dean Bergersen
Howard Brinkman
EDA Director
Amy Newsom
Phone: (507) 964-2378 ext. 4
