Eligible uses

We list some examples of eligible uses for Two Percent Loan and Alternative Financing funds.


Building improvements

  • Lighting, windows and doors
  • Walls, ceilings and floors
  • Roofing, plumbing, electrical
  • Mechanical systems and air conditioning
  • Cleaning, painting and staining of exterior surfaces

Property repairs and replacements

  • Masonry, cornices and entrances
  • Doors, windows, decorative details and awnings
  • Signs, including sign removal
  • Parking lots, including lighting, surfacing and landscaping

Property efficiency and access

  • Energy conservation and energy retrofits
  • Handicap access
  • Streetscape improvements not financed by special assessment

Services and fees

  • Architectural design services for plans and specifications
  • Building permits
  • Energy audits

Equipment purchases

  • Built-in counters, fume hoods, walk-in refrigerators and other fixed equipment
  • Production equipment
  • Equipment to increase productivity

Building acquisition

  • Considered on a case-by-case basis

Contact us

Business Development Team

Community Planning & Economic Development





Public Service Building
505 Fourth Ave. S., Room 320
Minneapolis, MN 55415