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City of New HopeMinnesota

Economic Development

The New Hope Economic Development Authority (EDA) promotes and facilitates business development activities. The EDA considers proposals on a case-by-case basis and utilizes a variety of public financing options. The membership of the New Hope EDA is identical to that of the New Hope City Council. Council members are appointed to the commission for terms concurrent with their City Council terms. The mayor acts as president of the authority and the city manager acts as the executive director. Meetings are held as needed following regular City Council meetings.

Economic Development Report
The city produces an Economic Development Report that highlights redevelopment projects throughout the city from the previous year and the tools that are in place to promote development activity.

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