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( ( ( <br /> 12017 Elk River HRA Homeowner Rehab Project and Financial Monthly Report October 2017 <br /> Updated:9/25/17 <br /> Completed Projects <br /> App.Date Name Project# Home Address Date Current Status Loan amount Loan rate Loan term Lead Paint Recording Monthly <br /> Approved _ inspect. Fees Payment <br /> Projects Under Construction I <br /> App.Date Name Project# Home Address Date Current Status Loan amount Loan rate Loan term Lead Paint Recording Monthly <br /> Approved inspect. Fees Payment <br /> 13 8/15/2016 Larry&Nancy Krieg ER-14 609 Gates Ave NW 8/19/2016 sent documents to recorders office 9/25 $19,665.00 2.75% 10 $596.00 $46.00 $159.79 <br /> Projects Ready for Construction <br /> App.Date Name Project# Home Address Date Current Status Loan amount Loan rate Loan term Lead Paint Recording Monthly <br /> Approved inspect. Fees Payment <br /> 14 4/13/2017 Linda&Daniel McClellan ER-17 810 Jackson Ave NW 4/21/2017 contractor selected 8/28 $6,534.00 _ 2.25% 5 $650.00 $46.00 $115.24 <br /> Projects Bidding/Waiting for Approved Scope <br /> App.Date Name Project# Home Address Date Current Status Loan amount Loan rate Loan term Lead Paint Recording Monthly <br /> Approved _ inspect. Fees Payment <br /> 115 7/25/2017 Kyle&Jennifer Torfin ER-18 1811 Main St.NW 7/31/2017 scope of work sent for approval 8/29 <br /> Approved Applications <br /> App.Date Name Project# Home Address Date Current Status Loan amount Loan rate Loan term Lead Paint Recording Monthly <br /> ,Approved ,inspect. _Fees Payment <br /> 16 8/24/2017 'Dianna Anderson ER-18 430 Rush Ave NW 8/29/2017 sent initial approrval letter 8/29/17 <br /> Projects Closed Applications <br /> App.Date Name Project# Home Address Date Current Status Loan amount Loan rate Loan term Lead Paint Recording Monthly <br /> Approved _ _ inspect. _Fees Payment <br /> Applications in Process <br /> App.Date Name 1 (Home Address I I I I <br /> As of 8/31/17 Four year total rehab funds below: - <br /> Borrower Principal Interest $340,000 <br /> Cunningham $819.52 $226.48 Total loan amounts/rehab funds:, $289,939 Total LBP:_ $9,806 <br /> Hanson $237.50 $62.50 Rehab balance: $40,255 <br /> Hicks $1,989.42 $1,109.27 Additional contribution $50,000 <br /> Jungers $24,881.69 $472.15 Principle $64,630 <br /> Mahon $2,098.09 $110.93 Interest $6,986 <br /> Menning $3,403.75 $766.73 <br /> Olesen $2,558.72 $1,481.89 Available to loan $161,871 I <br /> Sandhoefner $181.24 $57.29 <br /> Stimpson $3,767.27 $848.65 <br /> Swenson $2,692.56 $1,542.45 <br /> Thompson $22,000.00 $307.97 <br /> $64,629.76 $6,986.31 <br /> $71,616.07 Total principle and interest received to date <br />