$1.5 million for the Northfield Community Investment Fund

necwebsitethumb.gifCommunity National Bank, First National Bank of Northfield, St. Olaf College and Carleton College have contributed capital to establish the Northfield Community Investment Fund. The fund, currently $1.5 million, will be administered by the Northfield Enterprise Center.

"The Northfield Community Investment Fund will be used to facilitate economic development and redevelopment in Northfield and fund projects that further the city's economic development plan."

See the Carleton press release: Local Organizations Create Northfield Community Investment Fund.

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I blogged this story back on March 17th. Do you think there's any significance about the timing of the announcement?


Funny! I thought for sure I'd seen that woman around town. ;-)