305 E. Luverne St.  
Luverne, MN 56156  
www.cityofluverne.org  
Announcement of Meeting  
Economic Development Authority  
Regular Meeting Agenda  
8:00 AM  
Monday, December 8, 2025  
Council Chambers  
A.  
B.  
CALL TO ORDER - ROLL CALL  
Mayor or Presider will call the meeting to order, state the time, and take roll call.  
APPROVAL OF MINUTES OF PRECEDING MEETING  
Approval of LEDA Regular Meeting Minutes - 10 13 2025  
10 13 2025 LEDA Minutes  
Attachments:  
C.  
BILLS AND COMMUNICATIONS  
Approval of Regular Department Payment Report - 10 2025 & 11 2025  
Dept Payment Report - 10 2025  
Dept Payment Report - 11 2025  
Attachments:  
Approval of Financial Report - 10 2025 & 11 2025  
Financial Summary - 10 2025  
Attachments:  
Financial Summary - 11 2025  
D.  
DIRECTOR'S REPORTS & DISCUSSION  
Housing Update  
The City of Luverne is actively participating in the Southwest Minnesota Housing  
Institute, a 12-month regional cohort focused on providing training, expertise,  
tools, and partnership opportunities to advance housing development in rural  
communities. The City continues to explore both new development along the  
South Hwy 75 corridor and infill or redevelopment options within existing  
neighborhoods. While affordable housing programs are available, many come  
with income and rent restrictions that make private development more  
challenging. Workforce (market-rate) housing funding sources remain very  
limited, adding to the complexity of moving projects forward.  
Luverne’s most recent housing study was completed in December 2022, and  
Rock County’s was completed in October 2022. Since then, the 54-unit Prairie  
Loft workforce apartment project has been constructed, fully leased, and  
continues to maintain a waiting list. To better understand the impact of this  
project on local supply and demand-and to guide future decisions-it may be  
beneficial to update the housing study in the near future. Maxfield Research has  
provided a proposal for a Comprehensive Housing Needs Analysis at an  
estimated cost of $19,460 to $22,910, with an anticipated six-month completion  
timeline. This type of analysis is frequently requested by developers and  
lenders, as it provides the market data needed to evaluate demand, reduce risk,  
and support financing applications.  
A current, professional housing study is an essential tool for rural communities  
like Luverne. It offers clear, data-driven insight into existing and future housing  
needs, identifies gaps across the market, and supports strategic planning for  
zoning, infrastructure, and redevelopment. Just as importantly, it strengthens our  
ability to attract developers, access and secure state and federal funding, and  
ensure local employers have adequate housing options for their workforce.  
Most housing grants and tax credit programs require current market data, and  
developers and lenders rely on these studies to reduce risk when considering  
rural projects. Having an updated and credible housing analysis positions  
Luverne as a proactive, well-prepared community ready to support future  
housing investment. No actions is needed at this time, but it should be  
considered as potential housing projects move forward.  
Industrial Park Update  
To support future growth and expansion in the Industrial Park, the City Engineer  
is developing preliminary concepts for road and utility configurations that can  
accommodate both large and small development sites. A manufacturing  
company has expressed interest in a 15-acre parcel, prompting the exploration  
of a phased approach that would extend a new roadway and create  
approximately five smaller lots (1-1.5 acres each) along with a larger 15-acre  
site. This approach would meet near-term development needs while preserving  
additional land for long-term industrial growth. A topographical survey is  
currently underway to help determine the scope and cost of potential road and  
utility improvements.  
The Greater Minnesota Business Development Public Infrastructure (BDPI)  
Grant Program provides up to 50% of the capital costs for public infrastructure  
projects that support job creation, tax base growth, or business expansion.  
While the BDPI program is currently out of funds until July 2026, the City is  
evaluating the feasibility of submitting an application once funding becomes  
available. Luverne has successfully secured BDPI funding in the past, including:  
2012 - $150,000 (Lift Station)  
2017 - $1,982,000 (Koehn Ave & Dakota Road improvements)  
2022 - $467,422 (Dakota Road extension)  
E.  
F.  
BUSINESS  
ADJOURNMENT  
A motion to adjourn would be in order.