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HED-12 REDEVELOPMENT <br />Metro Cities supports a percentage of MIF loan repayments to cities. The state should <br />provide administrative support and technical assistance to cities that administer these <br />programs. Applications for state MIF funds should allow a city to indicate support for a <br />MIF grant or a loan. <br />Metro Cities supports economic tools that facilitate job growth without relying solely on <br />the property tax base; green job development and related innovation and <br />entrepreneurship; programs to support minority business start-ups; small business <br />financing tools including a state new markets tax credit program mirrored on the federal <br />program; tools to attract and retain data centers and other IT facilities; access to <br />affordable child care; and maintaining existing municipal authority to establish a special <br />service district (SSD). Metro Cities supports further study of allowing mixed-use <br />buildings that have both commercial and residential uses to be included in an SSD. <br />Redevelopment facilitates the re-use of previously developed land, thereby leveling the <br />playing field between greenfield and brownfield sites so that a developer can choose to <br />locate on land that has already been used. <br />Redeveloping properties supports community vibrancy and revitalization. <br />Redevelopment increases the local property tax base, increases land values, provides <br />more efficient use of new or existing public infrastructure (including public transit), <br />reduces urban sprawl, and enhances the livability of neighborhoods. Jobs are created <br />three times – at demolition and cleanup, during construction, and ongoing jobs tied to <br />the new use. <br />Redevelopment may occur on non-polluted land or on brownfields. Brownfields are <br />abandoned, idled, or underused industrial and commercial properties where financing <br />or redevelopment is complicated by actual or suspected environmental contamination. <br />Federal, state, regional and local governments fund investigation and cleanup of <br />blighted or other brownfield properties that allows for redevelopment without risking <br />human health or potential environmental liabilities. Correcting and stabilizing polluted <br />soils and former landfill sites allows cities to redevelop and reuse properties. For many <br />cities in the metropolitan region, redevelopment is economic development. <br />Metro Cities supports increased funding from federal, state and regional sources. The <br />Metropolitan Council’s Livable Communities Act programs fund redevelopment <br />activities that support cleanup and tax base revitalization. Metro Cities supports <br />allowing a maximum levy amount for this program, as provided under law. Metro Cities <br />supports increased and sustained state funds for DEED-administered programs like the <br />Redevelopment Grant and Demolition Loan Program, dedicated to metropolitan area <br />projects, innovative Business Development Public Infrastructure grants, as well as <br />increased, flexible, and sustained funding for the Contamination Cleanup and <br />Investigation Grant Program. <br />The expansion of transit service throughout the region brings opportunity for <br />redevelopment and transit-oriented development (TOD). 51