The Greater Minnesota Business Development Public Infrastructure Grant Program (BDPI) is one of the state’s longest-running and most popular economic development programs. Over the past two years, the program has provided around $20 million in grants to cities to fund the public infrastructure costs necessary to facilitate business development, but the Legislature’s failure to pass a bonding bill will leave the program in the lurch.
 
BDPI is primarily funded through state general obligation bonds. The program appeared on track to receive at least $10 million in new funding in versions of the bonding bill most recently made public. However, the program is currently almost completely depleted of funds, other than a small amount of general fund money that remains on the bottom line. Unless the Legislature passes a bonding bill in the near future, numerous projects could be left waiting at a time when Minnesota’s economy needs these types of investments.
 
We want to hear from you. Does your city have a project that is potentially eligible for BDPI? If so, please contact CGMC lobbyist Shane Zahrt at SAZahrt@flaherty-hood.com. Your feedback will help us continue to advocate for this vital program.