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annual income of all household members. Borrowers must not exceed the income limit per <br />household size. Approved Homeowner Rehabilitation Loan Programs applicants will be placed <br />on a first come, first served wait list. <br /> <br />Anoka County Well/Septic Loans <br /> <br />This is a loan program; the borrowed funds are paid back with interest via your property tax <br />assessment. Program covers repair or replacement of septic systems and connection to city <br />sewer. Loan amount up to $100,000 with a maximum loan length of 10 years. <br /> <br />Proposed Lino Lakes Program <br /> <br />To avoid duplication of existing efforts staff would recommend a program, similar to Blaine’s <br />Front Door program that aims to enhance curb appeal of a home. The program would only be <br />available to owners of homes with a 2022 assessed value (adjusted annually) of $355,600 or less <br />and that are at least 30 years old. This would target both affordable and aging housing stock in <br />the City. <br /> <br />Funding could be in the form of a grant or low interest loan paid back as a special assessment <br />with annual property taxes. Types of improvements eligible would be determined by the City. <br />An overview of Blaine’s Front Door Program is included as an exhibit. <br /> <br />EDAC CONSIDERATION <br /> <br />Staff is requesting direction from the committee on proposed program parameters. <br /> <br />ATTACHMENTS <br /> <br />1. Blaine Front Door program <br />