New Ulm Economic Development Authority Approves Site Plan Change for North Broadway Lots

Overview: The New Ulm Economic Development Authority (EDA) convened to address several topics, notably approving a revised site plan for the North Broadway lots, transitioning from a mixed-use to a purely commercial development. The change stems from the building’s revised configuration, which accommodates three commercial spaces but lacks parking for residential units. The modification required approval due to deed restrictions mandating housing or mixed-use development, which will now be amended by the city attorney.

New Ulm Sells EDA Lots; Child Care Insurance Costs Soar, Causing Closures

Overview: In a recent meeting, the New Ulm Economic Development Authority finalized the sale of its EDA lots on North Broadway. Additionally, a troubling rise in child care insurance costs has led to unexpected closures and challenges for local providers, highlighting ongoing community concerns.

New Ulm EDA Secures Additional Tenant Protection Vouchers Amid Housing Contract Non-Renewal

Overview: In a recent New Ulm Economic Development Authority (EDA) meeting, developments were reported regarding the Section 8 housing program, with the announcement of additional tenant protection vouchers following the decision by Linderhof Park Apartments not to renew their contract with HUD. This move will provide essential rental assistance to the affected households.

New Ulm EDA Advances Housing Developments with $7.3 Million Property Sale

Overview: In a step towards economic development and housing expansion, the New Ulm Economic Development Authority (EDA) approved the sale of properties on North Garden Street for $7.3 million to Rebound Real Estate. This decision, taken during the EDA meeting on October 8, 2024, reflects the city’s strategic move to encourage private investment by divesting public assets, paving the way for enhanced local infrastructure and community amenities.

Plans for New Winery and Housing Vouchers Highlight New Ulm EDA Meeting

Overview: The New Ulm Economic Development Authority (EDA) convened on September 10th, 2024, discussing initiatives such as the proposed sale of the Garden Terrace property, updates on housing payment standards, and significant local business expansions.