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5.2.A. SR 09-14-2009
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5.2.A. SR 09-14-2009
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9/11/2009 9:52:26 AM
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CSH <br />Key Features and Innovations: <br />• Belle Haven provides tenants with <br />a safe, sober and affordable place <br />to call home while allowing them <br />the opportunity for a fresh start. <br />• Belle Haven programs also focus <br />on children and assist them in <br />building skills needed to be <br />successful in school and in the <br />broader community. Services for <br />children include a weekly "Kid's <br />Club" for school-aged children, a <br />preschool readiness class, job <br />skills, individual tutoring, <br />mentoring, planned activities and <br />volunteer opportunities. <br />• Belle Haven tenants are required <br />to remain sober, do at least 25 <br />hours of productivity a week and <br />be lease abiding. The average <br />length of stay is 22-36 months. <br />Financing <br />:Capital <br />LIHTC Tax Credit Proceeds <br />Federal Home Loan Bank <br />Rum River Health Services Capitol Campaign <br />HUD SHP <br />MHFA Housing Trust Fund (HTC) <br />Greater MN Housing Fund (GMHF) <br />General Partner Capital Contribution <br />Greater MN Housing Fund (GMHF)-Bridge <br />Misc Funds <br />:Total Sources of Funds <br />j Operating <br />Group Residential Housing (GRH) <br />Housing Trust Fund (HTF) <br />Services <br />$2,256,451 <br />$ 80,000 <br />$ 365,000 <br />$ 400,000 <br />$ 498,818 <br />$ 160,000 <br />$ 29,224 <br />$ 156,510 <br />$ 4,600 <br />$3,950,603 <br />Determined by Counties <br />On an as Needed Basis <br />MN DHS $ 152,000 <br />HUD SHP $ 50,000 <br />
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