Neighborhood Revitalization Program
Goal: Help neighborhoods leverage NRP funds to create plans to help their community better their living environment.
Progress: Neighborhoods are still using funds to support projects.
Partners: City of Minneapolis
Since 1996, CEE has originated over 6,000 home improvement loans and grants totaling $85 million for 49 Minneapolis NRP neighborhoods. Of the $85 million worth of improvements in NRP communities, $26 million came from NRP funding and the additional $57 million came from CEE leveraging funds from statewide financing programs. These improvements and programs have allowed neighborhoods to improve their housing stock and create a stronger community.
Total Investment in NRP Home Improvement Financing
NRP is a unique investment program that allows residents to create plans to help their community and to better their living environments. NRP completes the empowerment process by providing funding to each neighborhood to help implement their approved plans.
Stearline Rucker, Field Regina Northrop homeowner and former Field Regina Northrop Neighborhood Group President, explained that the reason NRP, as well as CEE’s role in the program, has been so important is because it “has helped Minneapolis maintain and develop its housing stock and CEE has developed trust within many neighborhoods.”
Building strong relationships with neighborhoods was important because each neighborhood had different needs and issues that needed to be addressed. One of CEE’s goals with NRP was to assess those needs and figure out how the loan programs could help address them. The different neighborhood programs included down payment assistance, loans to address code violations, emergency funds, deferred loans to encourage homeowners to stay in the neighborhood, and low interest loans to help homeowners with a variety of home improvements.
Top NRP Improvements
CEE worked with neighborhoods to create revolving programs that would keep money coming back to the neighborhood to fund future programs. No matter the specific goals of a particular neighborhood, CEE was able to provide guidance, experience and the ability to administer a variety of programs.
“CEE went above and beyond the normal call of duty. They met with homeowners and businesses inside the neighborhood. They never acted like a separate organization, but were a true partner. They helped us identify programs that would allow people to stay in their homes for a long time. They also helped us create programs where people could update their kitchen and create mother in-law suites.” – Stearline Rucker
Image credit: City of Greeley