Article and photo images courtesy of the Fillmore County Journal, April 6, 2026
By Charlene Corson Selbee,
Economic Development Authorities (EDAs) play a critical role in supporting rural communities by providing financial tools and guidance. In Fillmore and Houston Counties, two key EDA programs, Revolving Loan Funds (RLFs) and grants, serve as essential resources for both new and existing businesses, non-profit organizations, and government entities.
A community’s approach to economic development varies. Some towns do not have an Economic Development director or board, such as Canton, Whalan, and Houston, and instead rely on the county’s EDA department. Some area communities contract with CEDA (Community and Economic Development Associates), located in Chatfield, Minn., including Fillmore County, Rushford Village, Harmony, and Spring Valley. Other communities share an Economic Development Director, such as Preston and Lanesboro. Some towns have economic development boards such as Mabel and Spring Grove.
Revolving Loan Funds
An RLF known as a “gap loan” bridges the difference between total project costs and what traditional bank financing/owner equity can cover.
The application process is similar across communities and counties, though deadlines vary due to meeting schedules, and some do not have any deadlines, such as Rushford Village. Detailed information, applications, and deadlines can be found on the cities or counties’ websites.
Click here to read the full article by Charlene Corson Selbee in the Fillmore County Journal
