HRSR INFORMATION 11-06-2006 - Laserfiche WebLink

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iNFORM/4TtON 2007 CM~IP ALLOCATION PLAN HOME RENTAL REHABILITATION PROGRAM I. The MHFA HOME Rental Rehabilitation program will be mazketed to all counties represented by the Central Minnesota Housing Partnership's administration. This effort will include: A. Press release to local newspapers B. Direct mai -~ ling release and program description to the following: Mailing list of interested applicants HUD funded projects MHFA funded projects Housing and Redevelopment Authorities County Commissioners Economic Development Councils Community Action Councils Rural Development offices Property Management Companies C. Presentations County Commissioners City Council Meetings City Planner -for Cities not Already Served Morrison County Housing Coalition HOPE Meeting COC Meeting II. An affirmative effort will be made to fund projects in all counties by giving a priority to projects in counties that have not had projects funded in the last two years. This effort will be realized through giving 5 bonus points to all projects in under-funded counties. Counties not previously funded are Aitkin, Cass, Chisago, Crow Wing, Isanti, Mille Lacs, Sherburne, Todd and Wright. III. No more than 50% of projects will go to any one county in a program year. Unless one project constitutes more than 50% of funds allocated to the Central 1Vlinnesota Housing Partnership by the Minnesota Housing Finance Agency. 1V. Owners/property managers that are currently out of HOME compliance or are delinquent on their real estate taxes will automatically be denied funding until they have brought their property back into compliance. V. $150,000.00 will be set aside for small projects that also qualify and apply for Small Cities rental rehabilitation funds. Funds not allocated by February's deadline, will roll back into the general CMHP allocation.