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• Economic Incentives <br /> The Arden Hills Economic Development Committee is made up of various <br /> Community leaders in respective industrial and commercial areas. This committee <br /> provides recommendations to the City Council in the area of economic <br /> development. <br /> Financial incentives and assistance, as well as development support, are available <br /> to both local and out-of-area businesses wanting to locate or expand in Arden <br /> Hills. <br /> Investment Assistance <br /> O Community Development Block Grants <br /> O Tax Increment Financing <br /> O Minnesota Economic Recovery Fund <br /> O Loan packaging assistance for small business <br /> O SBA Loans <br /> O FHA Loans <br /> IPSpecial Assistance <br /> The Arden Hills Economic Development Committee can help streamline dealings <br /> with governments agencies and direct business to appropriate financial, labor <br /> training and management assistance. Specialized help is available from local <br /> offices of: MN Department of Trade and Economic Development; Small Business <br /> Development Center; Metro East Development; and SCORE. <br /> • <br />