MNOppCo hosted its first statewide Best Practices Webinar for those interested in learning more about opportunity zones on Tuesday, June 18th at 1:30 p.m.

The first session included:

  • Why MNOppCo?: An Overview
  • Peer-to-Peer Presentations: Featuring Faribault and St. Cloud
  • Q & A: From across the state
Benton Economic Development Executive Director, John Uphoff (top left) shared the experience of his community (St. Cloud) as numerous parties have worked together to exploit its two certified opportunity zones. Key in his mind has been the work to educate people so ideas for projects have percolated. There’s a growing excitement for the positive potential outcomes and lasting impact for the area by getting people to work together to now attract investment.
Sarah Markman, the City of Faribault’s Economic Development Coordinator, shared how Faribault has set a pace to attract investment to its opportunity zone. Similar to John’s experience, there was an educational/informational push initially which has evolved into specific messaging for investors to consider partnering with Faribault on some priority projects — namely affordable / workforce housing. The community has not had housing expansion since the 1970s, and the opportunity zone may soon be home to FOUR new multi-housing projects!

MNOppCo gratefully acknowledges LISC, Local Initiatives Support Corporation, for hosting our Best Practices Webinar Series.

IN CASE YOU MISSED IT…Hear about Faribault and St. Cloud: VIEW the MNOppCo webinar here!

The Minnesota Opportunity Collaborative is a partnership that seeks to inspire investment in designated Opportunity Zones. It brings together developers, investors, businesses, and community development entities to host a statewide project and site directory, hold educational events, and share best practices on a regular basis.

Thank you to our founding partners! 

The Minnesota Opportunity Collaborative is powered by The Northspan Group, Inc. & Community Exchange, and funded in part by the Opportunity Zone Fund, the Morgan Fund, and the Community Opportunity Fund of the Duluth Superior Area Community Foundation.