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300 Metro Square Building, 7th Street and Robert Street, Saint Paul, Minnesota 55101 Area 612, 291 -6359 <br />May 24, 1978 <br />Mayor Donald Valento <br />City of Little Canada <br />515 Little Canada Road <br />Little Canada, Minnesota 55117 <br />Subject: Minnesota Housing Finance Agency <br />Home Improvement Grant Program <br />Phase III <br />Dear Mayor Valento: <br />The Minnesota Housing Finance Agency (MHFA) has just announced <br />that additional funds for a Phase III of the MHFA Home Improvement <br />Grant Program will be available on July 1, 1978. <br />As you may recall, this Program, with funds appropriated by the <br />Minnesota Legislature, allows low- income homeowners to receive <br />up to $5,000 for correcting defects or making repairs and improve- <br />ments to their homes. (Improvements to make the home accessible <br />to handicapped occupants can increase the amount of the grant to <br />$7,500.) <br />Funds are being made available to co unities in the Metropolitan <br />Area by MHFA according to a distribution plan which takes into <br />account the number of low -value homes and eligible homeowners <br />within the community. According to this distribution formula, <br />the City of Little Canada homeowners could receive up to $3,630 <br />in grant funds. Before these funds can be used in the City of <br />Little Canada, the City Council must authorize the Program and <br />designate an agency to apply for funds and administer the Program. <br />The Metropolitan Council Housing and Redevelopment Authority <br />(Metro HRA) has been the administering agency and has provided <br />assistance to over 50 metropolitan communities to deliver these <br />rehab grants in the past. We are available to provide the same <br />kind of assistance for Phase III. <br />27 <br />An Agency Created to Coordinate the 'Nanning and Development of the Twin Clues Metropolitan Area Comprising: <br />