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Investing for vitality

Success stories

Elevate Hennepin helps Balloon Fancy ‘blow up’

Elevate Hennepin advisors help Balloon Fancy founder systematize her business.

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Coliseum project highlights power of equitable development

County funding helps bring new life to historic Lake Street building

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Business Advisory Council

Supporting businesses through COVID-19

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Community Asset Transition (CAT) Fund

Supporting community ownership and affordability of property following civil unrest

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Elevate advisor spotlight: Davis Law Office

Meet one of Hennepin County's free business advisors

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Events and resources for small businesses

Find the resources your business needs

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Target Field sign

Growing into the future

We're preparing for the future in our 2040 comprehensive plan

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KC Kye

Hungry for more

CEO Next satisfies appetite for business growth for K-Mama Sauce

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Innovation on tap

Early support of Surly Brewing helped create the ultimate Twin Cities Brewery

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A life line for entrepreneurs

Open to business program opens doors for Pimento Jamaican Kitchen

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Love Local

Supporting business districts through COVID-19

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Moving forward

Partnering to maximize community and economic benefits of Bus Rapid Transit

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Path to the Midtown Greenway

Revival of a community asset

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foreman at construction site

Remodeling a home improvement business

CEO Next Business Institute helps build AMEK construction

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Small Business Relief Fund impacts

Outcomes and data on direct emergency financial relief to businesses impacted by COVID-19

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Driving development near transit

To date, we've invested $39 million in 136 projects contributing to:

building with dollar sign

2.1 million +

square feet of new or retained commercial and office space

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More than $1 billion

in leveraged funding

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new or retained housing units

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new or retained jobs


Affordable housing

We support a full range of affordable housing options throughout Hennepin County. Since 2010, we've invested $59 million through our HOME and AHIF programs, creating or preserving 6,344 units of affordable housing.

HOME Investment Partnerships

Affordable Housing Incentive Fund

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Environmental cleanup

We've awarded 370 Environmental Response Fund Grants totaling more than $51 million, leveraging $1.7 billion in private investment.

Environmental Response Fund

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Corridor planning

We've invested $1.1 million in projects to support land use planning and redevelopment efforts in commercial corridors and downtowns throughout the county.

Corridor Planning program

Supporting small businesses

Small businesses are the foundation of our resilient economy. They create two out of every three jobs and reflect our growing diversity. Through the Open to Business program, small businesses of all types can access the resources and expertise they need to grow.

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small businesses served

dollar bill and change

$70 million

in direct and facilitated financing

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hours of technical service

Mapping growth and investment

The Community Development Investments and Property Trends Tool is an interactive mapping application that shows Hennepin County Community and Economic Development program investments and changes in property values over time.

Learn about the tool methodology (DOCX)

Investing in communities

Since 2005, Hennepin County has invested more than $172 million in hundreds of planning and development projects. 75% of these projects have been in low- and moderate-income communities where the average household earns less than 80% of the area median income.

Tracking development near light rail

Compared to Hennepin County as a whole, properties in light rail corridors see more property improvements, higher growth in estimated market value, and greater increase in property taxes paid.

Learn more about development and property trends in light rail corridors (DOCX).