Once you have RSVPd for a workshop, please print, fill out, and mail in the following forms to Ashley Robertson, Center for Energy and Environment 212 3rd Ave N Suite 560, Minneapolis, MN 55401.
Data Release Form - Required for utility data to create your individual energy use inventory.
Participant Survey - Used to inform our home visit professionals about your home's unique energy profile.
Audubon Home Improvement Program
The Audubon Neighborhood Association (ANA) has made Neighborhood Revitalization
Program (NRP) funds available to property owners of the Audubon neighborhood
to make improvements to their properties. The current ANA Home Improvement
Program offers low interest revolving loans to both owner-occupied and
absentee-owned residential properties.
Previous recipients are eligible to apply but are limited to the program
maximum of $15,000
Interest Rate(s)
Owner-Occupied Homes
4% if your household income is under $61,000
5% if your household is between $61,001 - $89,000
6% if your household income is above $89,000
Absentee-Owned Rental Property
4% for energy-related improvements
6% for non energy-related improvements
Eligible Properties
Owner-occupied or absentee-owned residential structures located in the
Audubon neighborhood.
Eligible Improvements
Most improvements are eligible, interior or exterior maintenance or remodeling.
Loan Term
Maximum repayment term 8 years, monthly payments required.
Multi-Unit Improvement Program - Matching Deferred Loan
Loan Amount
Minimum: $1,000
Maximum: $10,000
Maximum available for downpayment assistance is $2,500
In no event shall the combined total exceed $10,000
Past recipients of a previous ANA NRP home improvement loan are eligible
for this program
Income Limit
No maximum income limit!
Interest Rate(s)
0% fixed
Match
The NRP loan must be matched 3:1 by the borrower.
Example: if the total project cost is $16,000, the borrower must provide
$12,000 and the ANA/NRP loan will be $4,000.
Eligible Properties
Owner-occupied 2-4 unit residential structures located in the Audubon
neighborhood.
Eligible Improvements
Most improvements are eligible, interior or exterior maintenance or remodeling.
You are required to collect 2 bids for each improvement project.
Loan Term
Repayment term is 15 years, payments are deferred. If you continue to
own and live in your property for 15 years the loan will be 100% forgiven.
Code Compliance Program - Revolving Loan
Loan Amount
Minimum: $1,000
Maximum: $5,000
Past recipients of a previous ANA NRP home improvement loan are eligible
for this program
Interest Rate(s)
4% fixed
Eligible Properties
Owner-occupied 1-4 unit residential structures located in the Audubon
neighborhood that have received written orders from the City of Minneapolis.
Eligible Improvements
Eligible improvements include exterior improvements that address code
violations, improve the exterior of the property and reduce long-term maintenance
and energy costs.
You are required to collect 2 bids for any projects costing $5,000 or
more.
Loan Term
Maximum repayment term 3 years. Monthly payments required.
Maximum available for downpayment assistance us $2,500. Maximum available for rehabilitation is $20,000 with an additional $5,000 available for eco-friendly improvements.
1:1 match required
Participants in this program must attend a post-purchase home maintenance counseling program.
Interest Rate(s)
0% fixed
Eligible Properties
1-4 unit residential structures located in the Audubon
neighborhood that are vacant, boarded or have structural deficiencies and will become owner occupied.
Eligible Improvements
Eligible improvements will be identified and prioritized during a comprehensive building analysis performed by CEE.
You are required to collect 2 bids for any projects over $5,000.
Loan Term
15 years. the loan will be 100% forgiven if the borrower remains in the home for 15 years, maintains homestead status and completes the required post-purchase counseling.
Income Limits Apply (see chart below for details)
Borrowers must match or exceed the amount of money loaned to them through this program, they are required to spend at least $15,000 of their monies on the project. (match may come from other CEE administered programs)
Family Size
115% of Median
1
$67,620
2
$77,280
3
$86,940
4
$96,600
5
$104,420
6
$112,125
7
$119,830
8+
$127,535
Emergency Deferred Loans
Funds are available to residents of the Audubon neighborhood who need to
make emergency repairs to their properties. Contact Jim
Hasnik at (612) 335-5885 for more information.
Proof of Income
If you are employed: submit copies of your two most recent paystubs.
If you are retired: submit a copy of your social security benefits or
pension.
If you are self-employed: submit copies of your Federal Tax Returns for the last
2 years.
Contractors
Loan recipients must submit bids or materials lists. All contractors must
be properly licensed to work in the City of Minneapolis. 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 30-180 days (depending on the loan program) 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 inspection of the property to verify the completion of the work when
required by the neighborhood
Remodeling Advisor
If you need assistance in identifying and prioritizing improvements, the Center
for Energy and Environment offers a Remodeling Advisor Service where you can receive
objective
remodeling
advice. The service is free to Audubon residents and includes an informational
visit to your property and assistance with collection and evaluation of bids.
To schedule an appointment call 612-335-5856.
Contact Jim Hasnik at
(612) 335-5885 for more information.
The Minnesota Fix-up Fund is a statewide program that offers loans at below
market interest rates to homeowners. The fix-up fund was established to improve
the basic livability and/or energy efficiency of the borrower's home. Eligible
projects include interior or exterior improvements, general remodeling or
maintenance items.
The Home Energy Loan Program is a statewide program that offers low interest
loans to homeowners that want to make energy improvements to their properties.
This program is only offered by the Center for Energy and Environment.
The Rental Energy Loan Fund provides financing to owners of residential
rental properties to increase the energy efficiency of their buildings. The
Minnesota Department of Commerce sponsors the Rental Energy Loan Fund using
Exxon Oil Overcharge funds. This program is only offered by the Center for Energy and Environment.
The Rental Rehabilitation Loan offers owners of residential rental properties
low interest financing to complete improvements that increase the livability
of the property including interior or exterior projects, general remodeling
or maintenance issues.
Center
for Energy and Environment • 212
3rd Avenue North, Suite 560 • Minneapolis,
MN 55401 • Phone: (612) 335-5884 • Fax:
(612) 335-2650
