About the Public Facilities Authority
The Minnesota Public Facilities Authority (PFA) is a multi-agency authority that provides municipal financing expertise and infrastructure financing programs to enhance the environmental and economic vitality of the State.
Overview
The authority makes low-interest loans and grants available to finance infrastructure that might otherwise be unaffordable to communities if they had to borrow money for the projects at market rates.
Since inception in 1987, the PFA has financed $6.09 billion in public infrastructure projects in communities throughout Minnesota.