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Coon Rapids Two-Family Home Rehabilitation Program Page 2 of 2 Loan recipients must submit bids or materials lists.All contractors must be properly licensed to work in the City of Coon Rapids.The Center for Energy and Environment will verify that contractors are licensed.It is important that you are satisfied with the bid or estimate you have selected.CEE offers assistance in helping you compare and understand the estimates you collect. Optional Sweat Equity(for the do-it-yourselfer) Applicants must clearly demonstrate the ability to complete high quality work within the required time period.Loan funds will be allowed for materials only,property owners will not be compensated for their labor.Note:Loan funds will not be disbursed until the project is complete. • Disbursement of Funds You will have 120 days from the date of your loan closing with CEE to complete your improvements.You must close on the loan prior to beginning project(s).Loan funds will be paid only after the work is completed and inspected and the following is provided: • Signed completion certificate by the homeowner indicating satisfaction with the work and authorizing payment to the contractor • Signed completion certificate by the contractor • Final contractor invoice • • Lien waiver from the contractor for the entire amount of the project;homeowner must turn in receipts for sweat equity projects • Evidence of required building permits • CEE will perform an inspection of the property when a building permit is not required The current loan terms and conditions stated,including interest rates,do not constitute a commitment to lend or an offer to enter into an agreement,and that such an offer may only be made pursuant to Minnesota Statutes,Section 47.206(3)and(4). CEE Our Sites Connect With Us Latest a?MNCEE Tweets Minneapolis-Downtown gi On Facebook Call for presenters for 2013 Iowa 212 3rd Avenue North,Suite 560 On Twitter Energy Summit Minneapolis,MN 55401 httpa/t.co/NsPLIxs9RD!Abstracts (612)335-5858 in On Google+ due May 29. Other Locations On Pinterest Washington State Home Builders Email Us i OnLinkedin Lead the Nation in Energy Code On SlideBhare Compliance#Codes Employment Opportunities #EnergyEfficiency Get Our Newsletter http://t.co/zeQJKDhFcYCodesEne rgyEfficiency '/Energy reliability remains a strong issue-large support at the national level http:/lt.co/HrA4Ne2ph5Energy Follow @NINCEE on Twitter Privacy Policy I Site Map 0 2011 Center for Energy end Environment http:/hnncee.org/Find-Programs/Coon-Rapids--Two-Family-Home-Rehabilitation-Progra/ 5/15/2013