Ramsey County has taken a significant step toward expanding economic development efforts after receiving approval from 18 participating municipalities, including the City of St. Paul, to establish a new Economic Development Authority.

County officials announced June 16 that the authority will begin operating in 2027, allowing Ramsey County to invest an estimated $1.5 million to $2 million annually in business-focused programs using existing Housing and Redevelopment Authority resources. The authority was authorized by the Minnesota Legislature in 2025 and does not create a new tax or add taxing authority.

For St. Paul, the move could bring additional support for commercial corridors, small businesses and entrepreneurship programs. Potential investments include technical assistance for business owners, workforce development initiatives, entrepreneur training cohorts, economic research and targeted corridor improvements.

County officials said the authority expands the use of existing HRA funding while preserving ongoing affordable housing and redevelopment programs. Commissioner Mai Chong Xiong, chair of the county HRA, said the new authority creates opportunities for strategic investments that strengthen businesses and communities throughout Ramsey County.

The St. Paul City Council voted June 3 to participate in the authority, joining other municipalities across the county. During its inaugural meeting, commissioners elected Xiong as EDA chair and Commissioner Garrison McMurtrey as vice chair.

County staff will spend the coming months developing program recommendations and funding priorities before the authority begins allocating resources next year.

Supporters say the initiative gives Ramsey County a new tool to strengthen local business ecosystems and improve economic competitiveness without increasing taxes.

More information is available at ramseycounty.us.