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5. HRSR 08-05-2013
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5. HRSR 08-05-2013
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City Government
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HRSR
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8/5/2013
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Coon Rapids Home Improvement Incentive Program Page 1 of 2 <br /> „a racy us i News Search <br /> Sign Up for Our Newsletter <br /> i'_5 "Ai oI in:eri. <br /> Home i Find Programs/Coon Rapids:Home Improvement Incentive Program SHARE <br /> Coon Rapids: Home Improvement Incentive Program <br /> The City of Coon Rapids,together with the Coon Rapids Mortgage Assistance Next Steps <br /> Foundation,currently offers low-interest home improvement financing and remodeling <br /> advisor services to Coon Rapids residents. The guidelines below are subject to <br /> change at any time without notice, Loan funds are subject to availability. Please call Apply For This Program <br /> us at 612-335-5884 for complete details. — <br /> Download the Application <br /> Loan Terms <br /> Send in Your Completed Application <br /> • No maximum income limit! <br /> • Loan amounts from$2,500 to$25,000. Fax It To: <br /> • 5.365%-5.865%interest rate. <br /> • Interest rate varies based on income. 812-335-2650 <br /> • Terms up to 20 years and loan may be prepaid at any time without penalty. Email It To: <br /> • This loan is secured by a mortgage on your property. <br /> • Closing costs apply. loaninfo@mncee.org <br /> Mail It To: <br /> Eligible Properties Center for Energy and Environment <br /> • Owner-occupied single-family and two-family structures at least 3 years old. 212 Third Avenue N,Suite 560 <br /> • The borrower must occupy the property as their primary place of residence. Minneapolis,MN 55401 <br /> • Townhouses and quad home units are eligible if the loan is for interior work. <br /> • Properties under construction or held in Trust are not eligible. For Questions About This program <br /> Property Value Limit <br /> • If your property valuation is less than$169,000,please see the Home Rehabilitation <br /> Assistance Program. r <br /> Types of Improvements <br /> Brenda Yaritz <br /> • Eligible improvements include interior or exterior maintenance or remodeling. Senior Loan Officer <br /> • For do-it-yourself projects,a materials list including prices is required. The cost for labor <br /> and equipment purchase or rental may not be included in the loan. byaritz @mncee.org <br /> • 2 bids are required from a qualified,licensed contractor if the project is over$5,000. 612-335-5891 or 1-855-296-5626(LOAN) <br /> • Funds are held in a non-interest bearing escrow account at CEE from loan closing until the <br /> work is completed and all final documentation is received. <br /> The current loan terms and conditions stated,including interest rates,do not constitute a <br /> commitment to lend or an offer to enter into an agreement,and that such an offer may only be <br /> made pursuant to Minnesota Statutes,Section 47.206(3)and(4). <br /> CEE Our Sites Connect With Us Latest @MNCEE Tweets <br /> Minneapolis-Downtown 11 On Facebook Call for presenters for 2013 Iowa <br /> 212 3rd Avenue North,Suite 560 Energy Summit <br /> ��" '�+�� 'On Twitter <br /> Minneapolis,MN 55401 http:lit.co/NsPLIxs9RDl Abstracts <br /> (612)335-5858 EN-EA GV On Google+ due May 29. <br /> t Ci On Plnterest <br /> Other Locations Washington State Home Builders <br /> Email Us On Linkedln Lead the Nation in Energy Code <br /> On SlideShare Compliance#Codes <br /> Employment Opportunities #EnergyEfficlency <br /> Get Our Newsletter http:l/t.colzeQJKDhFcYCodesEne <br /> rgyEfflclency <br /> http://mncee.org/Find-Programs/Coon-Rapids--Home-Improvement-Incentive-Program/ 5/15/2013 <br />
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