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05-13-09 Council Agenda
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05-13-09 Council Agenda
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Ramsey County Funding Request Application 2009 <br />Ramsey COUnry <br />Attachment A: <br />Priority Use of Ramsey County CDBG/HOME Funds for FY2009 <br />Housing <br />This includes: <br />€i~ Rehabilitation of Owner-Occupied Single Family Houses (including energy efficiency <br />improvements) <br />~ Homeownership for First Time Homebuyers who are low to moderate income <br />~ Rehabilitation of Rental Property Large and Small <br />~ij Removal of Dilapidated Structures (single family homes, commercial buildings, both require <br />eligible re-use of the property, limited to benefiting low and moderate income persons.) <br />~r1i New Affordable Housing Construction -Families and Seniors <br />~iZ (may include multifamily, townhouses, assisted living and acquisition of land for low-income <br />single family home ownership) <br />~ Rehabilitation loans for eligible Condominium and Townhome developments. <br />~~ Land Trusts <br />Neiehborhood Revitalization <br />(combination of eligible activities) <br />Note: due to the statutory restrictions on the use of CDBG/HOME funds, not all projects in these <br />categories are eligible. This category is narrowly focused to direct re-use benefiting low and moderate <br />income persons <br />- This may include Mobile Home Park preservation <br />Infrastructure Improvements <br />(limited to eligible low/mod areas) <br />Job Creation <br />May include business loans to purchase equipment/machinery, acquisition of land for <br />business/industry, commercial building rehab. All business loans must create head of household jobs, <br />at least half of which must be made available to low and moderate income households. <br />4 <br />
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