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O Qottta z, <br />v <br />Metropolitan Council <br />300 Metro Square Building <br />Seventh and Robert Streets <br />,~a; St. Paul, Minnesota 55101 <br />January 13, 1984 <br />7.4 1 N (? t <br />To: Local Officials in Ramsey County <br />Subject: Minnesota Housing Finance Agency <br />Solar Bank Deferred Loan Program <br />Telephone (612) 291 -6359 <br />M_HF:A has developed a program to provide deferred loans for energy <br />improvements to owners who arc otherwise unable to qualify for <br />financing to increase the energy efficiency of their homes. <br />Metro HRA will be the administering agency for this program in <br />cooperation with those communities who authorize Metro ERA to <br />undertake the program in their city. Since your community is <br />participating with Metro HRA in the NRFA Rehabilitation Loan <br />Program, we would encourage your participation in providing <br />homeowners an opportunity for the deferred energy loans which <br />the Solar Bank Deferred Loan Program can offer. <br />Enclosed is a program summary of the Solar. Bank Deferred Loan <br />Program for your information. The total amount of funds for <br />Ramsey County is $80,000. <br />If you would like to offer this program in your community, <br />please have the attached resolution approved by the City Council <br />and returned to Metro HRA. This program can be offered to home• <br />owners after the City Council approves the resolution. <br />If you have any questions regarding this program, please call me <br />at <91- -6504. Thank you for your cooperation and we look forward <br />to working with this new program in your community. <br />Sin ercly, <br />e,., <br />nsemary Favel ius <br />Metro HRA Rehab Supervisor <br />RF ch <br />Enclosures <br />5' <br />An Fqual (1ppnrtunkv Fny'Iov <br />