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Hennepin County awarded the City of Crystal and its Economic Development Authority (EDA) $30,000 to provide storefront/façade improvement assistance for older buildings in specific business districts:

Facade Improvement Map• The deferred loan would have a 10-year term and the balance would be reduced by 10% each year. If the property is sold during the 10-year term, full repayment of the remaining loan balance would be required. Any repayments would be used to capitalize a revolving loan fund for Crystal to continue the program after the county funding is exhausted.

• The minimum project would be $10,000 (meaning a $5,000 forgivable loan). There would be no maximum project but the maximum forgivable loan would be $12,500.

• As part of the application process, the city will provide architectural services at no cost, up to a maximum of $1,000 per business and $3,000 per property.

Download the application packet including the fillable one-page form, detailed program guidelines and repayment agreement template here.

For questions, contact Community Development Director John Sutter at 763-531-1130 or email [email protected].
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City of Crystal