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03-26-2012
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03-26-2012
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Last modified
1/29/2025 9:15:05 AM
Creation date
8/6/2018 7:02:46 AM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
3/26/2012
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
3/26/2012
EDA Document Type
Council Packets
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City CityProgram ProgramAdministeredBy LoanTerms FundingSource CityStaffContactManufacturedHomeImprovementProgram CenterforEnergy&theEnvironment(CEE)Max.amount:$7,500Interestrate:5%Repaymentterm:8yrs.LowInterestLoan CenterforEnergy&theEnvironment(CEE)Max.amount:$25,000Interestrate:5%Repaymentterm:20yrs.CommunityFixUpFund CenterforEnergy&theEnvironment(CEE)Max.amount:$35,000Interestrate:5.755.99%Repaymentterm:20yrs.HomeforGenerations Citystaff n/a HRAKristinDeGrande,NeighborhoodCoordinator7637676517HRA&CoonRapidsSummaryofNeighboringCities'HousingProgramsEDABlaineLindaBarthel,HousingServicesSpecialist7637172648ScatteredSiteAcquisitionProgram Citystaff n/aMortgageAssistanceFoundationMattBrown,CommunityDevelopmentSpecialist7637676460ReGenerationsDownPaymentAssistanceProgram CitystaffMax.amount:$6,000Interestrate:0%Repaymentterm:DeferredCherylBennett,Housing&ZoningCoordinator7637676422HomeImprovementIncentiveProgram CenterforEnergy&theEnvironment(CEE)Max.amount:$25,000Interestrate:5.3755.875%Repaymentterm:20yrs.HomeRehabAssistanceProgram CenterforEnergy&theEnvironment(CEE)Max.amount:$30,000Interestrate:02.75%Repaymentterm:2540yrs.TwoFamilyHomeRehabProgram CenterforEnergy&theEnvironment(CEE)Max.amount:$30,000Interestrate:04.5%Repaymentterm:2540yrs.EmergencyHomeRepairLoanProgram CenterforEnergy&theEnvironment(CEE)Max.amount:$10,000Interestrate:.52.75%Repaymentterm:DeferredCDBGHousingRehabLoanProgramHousingResourceCenterMax.amount:$24,999Repaymentterm:Deferred,50%forgivenafter5yrs.CDBGEntitlementGrantCherylBennett,Housing&ZoningCoordinator7637676422HomeRemodelingDemonstrationProgram(FridleyFoundations) Citystaff n/aScatteredSiteHousingReplacementProgram Citystaff n/aHomeImprovementLoanProgram CenterforEnergy&theEnvironment(CEE)Max.amount:$35,000Interestrate:4.749%Repaymentterm:20yrs.Demolition Home LoanMax.amount:$10,000Interestrate:3%Repayment term: 10 yrs.FridleyPaulBolin,Asst.ExecutiveHRADirector7635723591CoonRapidsHRACoonRapidsMortgageAssistanceFoundationDemolitionHomeLoanRepaymentterm:10yrs.CodeEnforcementHomeLoanMax.amount:$7,000Interestrate:0%Repaymentterm:10yrs.GeneralHomeRepairLoanMax.amount:$10,000Interestrate:3%Repaymentterm:10yrs.EmergencyDeferredLoanMax.amount:$7,000Interestrate:0%RepaymentTerm:DeferredShoreviewHomeEnergyImprovementLoan HousingResourceCenterMax.amount:$20,000Interestrate:2pointsaboveprime,interestreimbursedtoowneriftheyresideinhomefor10yrs.Repaymentterm:10yrs./HousingResourceCenterTomSimonson,AssistantCityManagerandCommunityDevelopmentDirectorSh iMoundsViewEDAHeidiSteinmetz,EconomicDevelopmentSpecialist7637174029ScatteredSiteBlightRemovalInitiative Citystaff n/aEDA 6514904612Shoreview
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