Business Retention & Expansion Program
A strong business sector is essential to the long-term success of Oakdale as local businesses provide jobs and grow the tax base. The City's Business Retention and Expansion program offers support to local businesses through personal visits and assistance programs. To learn more or to schedule a visit at your business, please contact City staff.
Building Rehabilitation Loan Program
Low-interest financing for commercial and industrial properties for qualifying structural, exterior, site and energy efficiency improvements. Loan maximum of $50,000, dependent on project size. View the Building Rehabilitation Loan Program policy and Application (PDF). For more information, please contact City staff.
Minnesota Property Assessed Clean Energy (PACE)
The City offers MinnPACE loans to local businesses for qualifying energy efficiency or renewable energy projects in partnership with the Saint Paul Port Authority. Visit the Saint Paul Port Authority website. Loan repayment is collected through a special assessment on the property, and is structured for an immediate cash savings. For more information or to apply, call MinnPACE at 651-223-8038.
In partnership with the Saint Paul Port Authority, businesses can access Trillion BTU loans for qualifying energy improvements. Loans are structured to be cash flow positive, with up to 100 percent financing available. To learn more or apply, visit the Trillion BTU website.
Open to Business
Are you thinking about starting your own business or are you currently operating a small business and interested in technical assistance? Oakdale has partnered with the Metropolitan Consortium of Community Developers (MCCD) to offer the Open to Business program. This program provides free assistance from MCCD’s expert staff, customized to meet the specific needs of each entrepreneur. Open to Business advisers can also identify borrowing needs and access financing options. Visit the Open to Business website. To schedule an appointment, call Tyler Hilsabeck at 612-789-8838.