Traditional financing not meeting your needs? We have several other financing options available for you and your business through our Direct Business Loan (DBL) program. DBLs are designed to “help businesses owners create what they want, in they place they want, within the means they have.”

Commercial properties are eligible for an exemption for up to three years for any value added due to certain remodeling projects or additions.

People making substantial improvements to commercial properties or homes in the zone may qualify for property tax exemptions and state income tax exemptions for up to five years.

North Dakota Century Code ch. 40-57.1 provides incentives in the form of property tax exemptions, payments in lieu of taxes, or a combination of both to a qualifying business. The incentives may be granted at the discretion of the city or county in which the property is located.

Milnor strives to improve the economic opportunity and success of our community. The Business Incentive Program is committed to positively impact the community by offering financial assistance to small businesses that provide a benefit to the citizens of Milnor. The goal of this program is to expand and improve existing businesses and bring new businesses to our community.

The Downtown Facade Improvement program will operate as a forgivable loan program that will respect the historic nature of downtown buildings while updating their functionality and energy efficiency.

A total of 17 blocks have been declared complete and have been removed from the official Minot Renaissance Zone map. The City has an official count of 40.5 blocks designated in the Renaissance Zone as of 2020. A total of 1.5 blocks are not designated. This number can increase as our population grows or whenever the City declares a block complete and removes it from the official map.

The Renaissance Zone Program is a tool for community redevelopment and economics investment that incorporates tax incentives to business and residential properties. The Renaissance Act, created by the 56the Legislative Assembly, made possible for North Dakota cities to create Renaissance Zones within their jurisdiction.

This Grant is provided to support small, home-based business growth to a commercial location, assist local business owners in reducing the cost of transitioning to a commercial location, and to fill vacant office and retail space.

This Grant is provided to support small, home-based business growth to a commercial location, assist local business owners in reducing the cost of transitioning to a commercial location, and to fill vacant office and retail space.

This Grant is provided to support small, home-based business growth to a commercial location, assist local business owners in reducing the cost of transitioning to a commercial location, and to fill vacant office and retail space.

This Grant is provided to support small, home-based business growth to a commercial location, assist local business owners in reducing the cost of transitioning to a commercial location, and to fill vacant office and retail space.