City receives grant for commercial, residential property rehabilitation
Lake City has received one of 35 grants from the Minnesota Department of Employment and Economic Development (DEED) totaling more than $19 million for rehabilitation and infrastructure projects in Greater Minnesota.
Lake City will receive $809,400 for owner-occupied housing rehabilitation and commercial building rehabilitation.
Southeastern Minnesota Multi-County Housing and Redevelopment Authority applied for the grant on the city’s behalf.
The City Council had previously agreed to reimburse $5,000 in application costs.
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