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06-08-2016 Workshop Packet
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06-08-2016 Workshop Packet
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ATTACHMENT #4 <br />Suburban Ramsey County Rehab Programs <br />Other <br />1/2 for interior <br />Loan of < $5,000 unsecured <br />EMV <$217,300 <br />House > 25 years old <br />Rebate interest if <br />owner stays 10 yrs. <br />No luxury items <br />Offer Own Amount Term Rate Income <br />Programs Years Limits <br />Arden Hills <br />No <br />Falcon Heights <br />No <br />Gem Lake <br />No <br />Lauderdale <br />No <br />Little Canada <br />No <br />Maplewood <br />No <br />Mounds View <br />Yes 10,006 10 3.00% 80% Median <br />New Brighton <br />No <br />North Oaks <br />No <br />North St. Paul <br />Yes 25,000 20 3.00% None <br />Roseville <br />Yep 40,000 10 3.00% None <br />Shoreview <br />Yes 20,000 10 Prime + 2% 120% SV Median <br />St. Anthony <br />Yes IDAM0 10 3.00% None <br />Vadnais Heights <br />No <br />White Bear Lake <br />No <br />Mounds View also had programs targeted at Emergency Repairs, Code Enforcement Corrections, and Demolition of Blighted Properties <br />North St. Paul also had an <br />Emergency Repair options for $8,000 due upon sale or transfer. No interest and owner needed to be at HUD low <br />income limits or below. <br />Roseville has a multi -family <br />program with a blended rate not to exceed 6%. Allows $50,000 per building but not exceeding $5,000 a unit. <br />Needs to be building with 5 units or more with building > 25 years old. Rent & income limits apply to tenants. <br />St. Anthony has a rebate program <br />for household incomes of < $99,590. The max rebate is $3,000. <br />Other <br />1/2 for interior <br />Loan of < $5,000 unsecured <br />EMV <$217,300 <br />House > 25 years old <br />Rebate interest if <br />owner stays 10 yrs. <br />No luxury items <br />
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