Laserfiche WebLink
I <br />METROPOLITAN COUNCIL Mean wet Cew, e, 2?O F= thh srner, se roal, M11.. 55101 Fn 29;-6?59 <br />February 24, 1989 <br />72E?9:J" <br />i <br />w FEB; <br />ce r.i'tG <br />Mr. Donald F. Pauley <br />�: C•" �� :y <br />Clerk -Administrator <br />City of Mounds View <br />Highway 10 <br />2401 - <br />Shy Ppull, M11 55112 <br />Dear Mr. Paulev: <br />Minncsota Housing Finance Agency (MHFA) has offered Metro HRA an opportunity to <br />participate in a new Revolving Loan Program, in addition to the P.ehabilitation <br />Loan Program already being administered by Metro HRA. The Revolving Loan <br />Program provides 3% loans to low income homeowners for housing Improvements <br />directly affecting the safety, habitability, energy efficiency and <br />accessibility of their homes. The program was created to assist households <br />which are not eligible for the necessary assistance through other state and <br />federal programs. Metro HRA would propose to administer this new program in <br />Ram9ny County communities (except St. Paul). <br />In order for Metro HRA to administer this new program in your community, we <br />w.tll )1".1 = ray>•lution authorizing your participation in the program. 1 have <br />enclosed a sample resolution for your consideration. Also enclosed is a <br />summary of the program. We would appreciate your consideration of this program <br />at the earliest possible Council meeting. <br />If you have questions or if Metro RRA can be of any assistance, please call <br />Kathy Fox at 291-6600. <br />Sincerely, <br />Thomas C. McRlveen <br />Division Manager <br />TCM/jmb <br />enclosures <br />L: .0 <br />