It is our mission to retain, expand and attract businesses creating
The Economic Development Department encourages and financially assists industrial and commercial enterprises in locating and expanding in the community.
We work in partnership with the Regional Economic Development Alliance (REDA). REDA serves as a clearinghouse of information regarding starting, growing, and relocating businesses within our Region.
Established in 1988, the Le Sueur Economic Development Authority (EDA) promotes business attraction activities and provides business assistance and referrals to enterprises expressing interest in locating in the community, as well as to existing businesses seeking to expand. The EDA also provides business outreach and business assistance to existing businesses. Types of business assistance include providing basic information and referral to the appropriate private, financial or governmental agencies.
Department Loan Programs
One of the major programs within Economic Development is the implementation of the City's Revolving Loan Fund. This program uses City funds in order to increase employment opportunities in the area, increase the local tax base, assist existing businesses to expand, encourage businesses to establish themselves in the Le Sueur area, and advance additional significant interests of the City as deemed prudent by City's governing body. Along with its economic development services, the EDA owns a 150-acre development property located on U.S. Highway 169.
To further the economic viability of the community, the EDA also participates in redevelopment and housing projects pursuant to the powers granted to it in its enabling resolution.
For more information about Le Sueur's economic development programs, please call Samantha DiMaggio, Community Development Director, at (507) 593-8318.
Housing Rehabilitation Repair Loans
The City of Le Sueur has received funds to provide housing repair loans for a limited number of eligible single family homes and rental units. Funding is available to eligible properties within the proposed target area (see map below). These funds were awarded from a rehabilitation assistance grant through the MN Department of Employment and Economic Development’s (DEED) Small Cities Development Program. More information about the program is available below or by calling Michele Clark, Southwest Minnesota Housing Partnership (SWMHP) Program and Lening Manager at (507) 863-1617
Façade Improvement Program
The city offers a Façade Improvement Loan Program to businesses interested in improving the exterior appearance of their buildings. Work covered under the program includes:
- Signage and Exterior Lighting
- Façade painting, repair, reconstruction or replacement of historic features storefront restorations, replacements or enhancements
- Awnings or canopies
- Signage and exterior lighting
- Gutter and downspouts Handicap accessibility
- Window and door replacement or entrance modifications
- Any other items deemed appropriate by the Economic Development Authority
Businesses can apply for a forgivable loan for exterior-building improvements. Loan forgiveness takes place over a five-year period with 20 percent of the award forgiven annually.
The maximum award is $5,000 however the EDA may consider increased awards for renovations to historic commercial properties. Awarding of loans depends on the availability of funding in a given year.
Applications are available here. Return application to City Hall: 203 South Second Street, Le Sueur, MN 56058.
Questions? Please contact Community Development Director, Samantha DiMaggio at (507) 593-8318 or by email.