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2006 Year in Review Central MN Housing Partnership2006 Year In Review ii Central Minnesota Housing Partnership II r M~SS~on,,. Ou Central Minnesota Housing Partnership is anon-profit, regional Community Housing Development Organization (CHDO) committed to assisting underserved communities to preserve, improve and increase affordable housing for low and moderate income families and individuals. Since 1994., Central 11~Innesota Housing Partnership has been awarded $38,60 l,00o by funders to assist the region in addressing affordable housing. 1 Board Of Directors Anne McGill, Assistant Director of Operations at Bi-County Community Action Programs in Bemidj i Chris Smith, Community representative concerned about the future of affordable housing in Minnesota Dan Roberts, Community Development Director, Tri-County Action Program, Inc. 'Doug Grout, Executive Director of the Brainerd HRA Kathy Blomquist, Member of the North Branch Housing Task Force and City Council Kathy Grochow, VP 8v Community Service Representative/Non-Profit Resources Specialist, Bremer Bank '~Lacura Swenson, Vice President of People's National Bank in Mora and works with many low-income families 'Mark Sexton, Executive Director of Wright County CAP '~'~Nancy lYoug, Executive Director of the Aitkin County HRA Robert Benes, Executive Director of Lakes and Pines Community Action Council Robert L. Voss, Executive Director, East Central Regional Development Commission Sharon Benson, Attorney, Seventh District Minnesota '~ Executive Committee '~'~ Board President 2 Staff Directory Sheri Harris, Executive Director sheri@cmhp.net Ginger Rudberg, Finance Director cmhp810@cloudnet.com Sheila Seanger, Administrative Assistant sheila@cmhp.net Brenda Engelking, Community Development Director brenda@cmhp.net Deanna Hemmesch, Program Manager deanna@cmhp.net Jason Krebsbach, Program Manager j ason@cmhp.net Hanna Folland, Program Coordinator hanna@cmhp.net Erika O'Brien, Property Director erika@cmhp.net Julie Schueller, Property Manager Julie@cmhp.net Judy Bjerk, Occupancy/Compliance Specialist Judy@cmhp.net Jesse Ashbaugh, Property Administrator Jesse@cmhp.net Equal Housing Opportunity Equal Opportunity Employer ~cun~ ~+c~usi~wG r~t~~c~~t~'ur~~~x The professional staff at CMHP maintain the high quality of service expected by the board of directors through their active leadership roles, staff development and continuing education in the areas of property and asset management, development, home buyer education, HQS inspections, construction management, rehabilitation and financial management. Reasonable Accommodations Are Available 3 Organization Board Of Directors Executive Director Sheri Harris Administrative Assistant Sheila Seanger Property Director Erika O'Brien Property Manager Julie Schueller Property Administrator Jesse Ashbaugh Occupancy ~ Compliance Specialist Judy Bj erk Finance Director Ginger Rudberg Community Development Director Brenda Engelking Program Manager Jason Krebsbach Program Manager Deanna Hemmesch Program Coordinator Hanna Folland 4 Program Directory Resource 8~ Referral Sheri Harris/Brenda Engelking Community Planning Sheri Harris/Brenda Engelking HOME Rental Rehab/ Deanna Hemmesch Rental Rehab Loan Program Home Buyer Education Pre-Purchase Counseling Family Homeless Prevention Continuum of Care Preservation Transitional Housing Property Management Asset Management Development Multi-Family Single Family Single-Family Housing/Rehab (CRV) First-time Homebuyer/MHFA/ GMHF Affordable Financing Products MURL Regional Housing Advisory Group (RHAG) Life Cycle Housing (LCH) Community Land Trust (CLT) Small Cities Dev. Program (SCDP)/ Federal Home Loan Bank (FHLB) Administration Hanna Folland Jason Krebsbach Hanna Folland Brenda Engelking Sheri Harris Julie Schueller Erika O' Brien/Julie Schueller/Judy Bjerk Jesse Ashbaugh Sheri Harris/Erika O'Brien Sheri Harris/Erika O'Brien Jason Krebsbach/Brenda Engelking Jason Krebsbach Jason Krebsbach Jason Krebsbach/Erika O' Brien Hanna Folland Jason Krebsbach Sheri Harris/ Jason Krebsbach/Brenda Engelking Deanna Hemmesch Sheri Harris/Ginger Rudberg Sheila Seanger 5 ( . ' • • (_ H 1 1 ~~, t ~~~~ ~: ~~ ~ ~~ ~ .~~a :, 4's~ ,1 '~ i ~ .4 ~i CMHP Accomplishments Have Made A Significant. Impact on Housing in Central Minnesota. • HRR allocated $1,761,890 in funds to the region -There are 137 units in the region. • Home Stretch graduated 352 participants in 45 classes scheduled in 2006. Over 6278 individuals have graduated since 1995. There are 45 classes scheduled for 2007. • 31 first-time homebuyers utilized Pre-Purchase Counseling. • Provided financing for 10 Life Cycle Homes, including the program's third re-sale. • Provided financing for 24 homebuyers to assist in purchasing their first home. • Property Management now manages 20 multi-family properties equaling 387 units as well as 5 Transitional Housing units and 14 Contract for Deed MURL units. • CMHP asset manages 222 additional units in 6multi-family properties. • MURL homes in Cuyuna and Mora were sold to "at risk" first-time homebuyers with children. • Awarded $60,000 by the Initiative Foundation to provide technical assistance and housing planning to Central Minnesota. • Projects in the region applied for $884,091 in funding through the 2006 Continuum of Care process. • Awarded $50,000 in HECAT funding from MHFA for Home Stretch and Pre-Purchase Counseling. • The Central MN Community Land Trust (CMCLT) closed on its 2nd and 3rd homes. • $260,000 provided by MHFA, GMHF and the city of Brainerd for Single-Family rehabilitation in SE Brainerd. • Awarded funds to start the existing housing CLT program in the St. Cloud area. • Awarded $180,000 from MHFA and GMHF for Scattered Site Gap Financing. • Received grant to design a new website (www.cmhp.net). • 4 staff members received Real Estate Licenses. 6 i~ Technical Assistance 8~ Planning Central Minnesota Housing Partnership provides direct technical assistance and housing planning to communities, organization and non-profits. • Development of Housing Plans • Team Building • Assessing Housing Needs in the Community • Financial Packaging • Project Administration • Development and Ownership of Affordable Housing Through technical assistance, CMHP brings additional resources to Central Minnesota by increasing local capacity. Technical assistance may involve site visits, presentations or total project packaging. CMHP's toll free line provides resources and referrals within the region. Communities Seeking Assistance May Call: 1-888-203-9301 Vision Build capacity by providing technical assistance, education, information and referral. >.~'~ sr:?~~ °o w ~ jf ~. I ~ F ~~~ u Regional Outreach Central Minnesota Housing Partnership Strives to be a Leader in Providing Outreach and Technical Assistance to the Region Through Several Initiatives. Vision: Serve as a Vehicle for Cooperation and Networking Among Human Service Agencies, Local Government and Community Organizations. • Continuum of Care Regional Plan Advisory Committee Facilitator • Regional Housing Advisory Group (RHAG) facilitator • One Home, One Dream • Wright County Workforce Housing 8v Shelter Options Commit- tee • Morrison County Housing Coalition • Homebuyer Education, Home Stretch • Pre-Purchase Homebuyer Counseling • HOME Rental Rehabilitation (HRR) /Rental Rehab Loan Pro- gram (RRLP) • Preservation Technical Assistance • Lender/ Landlord Networks (CMCLT) • Minnesota Urban and Rural Homesteading (MURL) • Community Revitalization Fund (CRV) • Communities Investing in Families (CIF) . Single-Family Initiatives /Central MN Community Land Trust . Family 8v Youth Homelessness Prevention • Technical Assistance and Planning to Communities "Dreams And. Dedication Are A Powerful Combination" William LonggoQd 8 Grants, Projects 8v Programs In 2006, CMHP Assisted in Accessing and Leveraging $24,.1.23, 038 for the Region to Address Affordable Housing. Major Supporters Minnesota Housing Finance Agency • Home Stretch Program/ Pre-Purchase Counseling • HOME Rental Rehabilitation • Regional Housing Advisory Group (RHAG) • Minnesota Urban and Rural Homesteading (MURL) • Community Revitalization Fund (CRV) • Housing Development Funding • Community Activity Set Aside (CASA) • Regional Continuum of Care (CoC) • Community Land Trust (CLT) Greater Minnesota Housing Fund • Single-Family Scattered Site Development/BBN Program • Home Stretch Program • Housing Development Funding • Community Land Trust (CLT) Initiative Foundation • Housing Planning and Technical Assistance • Strategic Plan Project Minnesota Housing Partnership • Regional Continuum of Care (CoC) • Capacity Grant for Real Estate Licensing Other Grants Awarded • Otto Bremer -Home Stretch -CLT -Rehabilitation • MN Dept. of Human Services -Single-Family Transitional Housing • Central MN Community Foundation -Home Stretch • Wells Fargo Home Foundation -CLT -Rehabilitation • US Bank Corp. -Marketing / Website 9 Statement Of Activities Statement of Revenues and Expenses January 1, 2006 -December 31, 2006 Revenues Development 8~ Services X349,194 Grants Received 232,198 Asset/Investment Revenue 64,898 Property Management 179,055 Total Revenues $82 5, 345 Expenses Employee Salaries 8~ Benefits X592,818 Office Space 31,316 Telephone 7,452 Postage 10,986 Office Supplies 8,288 Professional Services 25,677 Minor Equipment 3,798 Meeting/Conferences/Education 4,010 Travel 15, 518 Insurance 4,163 Audit/Accounting 20,106 Printing/ Reproduction 10,932 Working Capital 90,281 Total Expenses X 825,345 **Unaudited Maintain a financially and structurally sound responsible organization. .a -,,~~-. .,~,; ~fP ~1`, ~~ ~ ~' ~.~ ~~f' ~ i a ~w :~~~ ~~ 10 r i 1 1 1 1 1 1 1 1 1 1 1 1 reservation 11 MN Urban 8v Rural Homesteading (MURL) Program Since 2000, CMHP has been awarded funds from Minnesota Housing to administer the MURL program. The MURL program has given CMHP the resources to rehabilitate existing homes in cities across our service area and provide these homes to families who otherwise would not be able to achieve homeownership. CMHP presently has over fifteen families living in renovated MURL homes across Central Minnesota, providing safe, decent and affordable housing to these families. The MURL program is presently going through changes based on HUD requirements. CMHP will continue to work with Minnesota Housing to provide these services in Central Minnesota. HOME Rental Rehab (HRR) CMHP administered the HRR program in 14 counties, excluding the city of St. Cloud. This program provides a 0% deferred loan and repayment is based on project need and a 5-year compliance period. HRR funds are provided by Minnesota Housing Finance Agency. Since 1996, ~ 10,004,514 has been utilized in this region resulting in the rehabilitation of 1122 units with a total project development cost of X29,728,630. 12 evelopment 8v Preservatio Central Minnesota Housing Partnership is proud of our partners across the region particularly when private public partnerships have allowed for development of quality affordable safe housing. New in 2006! In The Works... Russell Arms/ Benton Heights - 91 existing units under rehab in 2006 - To be finished in the summer of 2007. Vision Develop, own, rehabilitate and maintain quality affordable housing for low and moderate income people. 13 1 1 1 1 1 1 1 1 1 1 i 1 1 1 ental 14 Renta Housing Development and Ownership CMHP partners with other non-profits, HR.A's, CDC's and for-profit entities to develop new units of affordable housing in the region. The primary source of funding is provided through the Low Income Housing Tax Credit Program, although several funding sources are often utilized including first mortgages, equity contributions, employer contributions, local government participation, bond financing, Greater Minnesota Housing Fund and Minnesota Housing Finance Agency Programs. Property Management CMHP handles all aspects of the operations, management and maintenance of selected properties. CMHP property manager recruits, screens, selects and places applicants in homes and is responsible for the financial management, budgeting, care taking supervision, reporting and compliance of each project. Asset Management CMHP values its ownership and interest in rental properties and takes responsibility for the long-term health and welfare of all projects it is associated with. Functions of asset management include monitoring programs, funders and financing requirements to assure compliance and timely reporting; oversight of property management activities of professional property managers, site visits, monthly financial reports, annual budget approval, capital improvement planning and tenant surveys. CMHP communicates on a regular basis with property managers, investors and funders. CMHP asset manages 614 units of affordable housing. 15 i~ i~ Asset Managemen Kestrel Woods Buffalo, MN 30 Family Townhomes Metes 8v Bounds Phone (612) 935-0359 30 - 3BR - $835 Waters Edge Townhomes Watertown, MN 30 Family Townhomes Brutger Equities -Phone (320) 529-6262 5 - 2 BR - $770 - $800 5 - 2 BR - 30% of Income (Hollman) 17 - 3BR - $870 - $900 3 - 3BR - 30% of Income (Hollman) Turtle Ridge Townhomes St. Francis, MN 30 Family Townhomes Brutger Equities -Phone (320) 529-6262 5 - 2 BR - $780 5 - 2 BR - 30% of Income (Hollman) 17 - 3BR - $880 3 - 3BR - 30% of Income (Hollman) Reichert Ptace Apartments Long Prairie, MN 17 Family Units Long Prairie HRA - Phone (320) 732-2801 2 -Efficiency - $360 4 - 1 BR - $400 11 - 2 BR - $490 Devonshire Apartments Rockford, MN 24 Family Units SMR -Phone (800) 450-7723 3 -Efficiency - $380 15-2BR-$575 6-3BR-$655 16 Benton Heights -NEW Sauk Rapids, MN 32 Family Units Brutger Equities Phone - (320) 230-2187 2 BR - $464 - 599 3 BR - X574 IyIyII H .,P.--. I~ / ~~ }~'~` ~ fi. ~ ;. f~~..~~" ~ 1_. Russell Arms -NEW Sauk Rapids, MN 59 Elderly Units Brutger Equities Phone - (320) 230-2187 1 BR - $543 2 BR - $572 ~,~^ °, ,; ~ `," Develop, own, rehabilitate and maintain quality affordable housing for low and moderate-income people. CENTRAL MN HOUSING PARTNERSHIP, INC. RENTAL PROPERTIES-TAx CREDIT/BOND Eden Place Apartments are located in Eden Valley, MN 45 minutes west of St. Cloud and consist of 12 two and three bedroom apartments. Grand Oaks Townhomes Baxter, MN I n It Ii I I 2007 Rents• 2 Br 1 level•$568 (heat included) 2 Br 2 level $568 (heat included) 3 Br $655 (heat included) Income Limits 1 Person $23,160 2 People $26,460 3 People $29,760 4 People $33,060 5 People $35,700 6 People $38,340 Amenities• - Private Entry - Dishwasher - Laundry Facilities on site - Attached Garage -Playground - W/D Hook-up in unit Eden Place Apartments Eden Valley, MN .,.,.,,~ r, _ _ ~- _ 2 Br $515 (heat included) 3 Br $590 (heat included) Income Limits 1 Person $27,120 2 People $31,020 3 People $34,860 4 People $38,760 5 People $41,880 6 People $44,940 Amenities• - Secure Entry - Dishwasher - Laundry Facilities on site - Playground Grand Oaks Townhomes sit on a lot bordered on 2 sides by pine trees, and across the street from a walking trail in Baxter, MN just 1 mile west of the heart of Baxter and Hwy 371. They consist of 24 two and three bedroom townhomes. II ~° Granite Ledge Townhomes Cold Spring, MN 2007 Rents• 2 Br $615 (heat included) 3 Br $690 (heat included) Granite Ledge Townhomes are located in Cold Spring, MN just 20 minutes west of St. Cloud, and consist of 24 two and three bedroom townhomes. Income Limits 1 Person $25,980 2 People $29,640 3 People $33,360 4 People $37,080 5 People $40,020 6 People $43,020 Amenities: - Private Entry - Dishwasher - Laundry Facilities on site - Attached Garage - Playground Highland Court Townhomes Little Falls, MN 2nn~ RP„tQ~ 2 Br $540 (heat included) 3 Br $630 (heat included) Income Limits 1 Person $23,160 2 People $24,460 3 People $29,760 4 People $33,060 5 People $35,700 6 People $35,700 Amenities• - Private Entry -Dishwasher - Laundry Facilities on site - Detached Garage - Playground - W/D Hook-up in unit Highland Court Townhomes are located in Little Falls, MN right off of Hwy 10, near schools, and shopping, and consist of 24 two and three bedroom townhomes. 18 i~ Leighton's Landing Townhomes Big Lake, MN 2007 Rents• 2 Br $710 (heat included) 3 Br $785 (heat included) Income Limits 1 Person $33,000 2 People $37,680 3 People $42,420 4 People $47,100 5 People $50,880 Amenities• - Private Entry - Dishwasher - Laundry Facilities on site - Attached Garage - Playground - W/D Hook-up in unit Leighton's Landing Townhomes are located in Big Lake, MN 20 minutes South East of St. Cloud just off of Hwy 10, and a commutable distance to the metro area. They consist of 32 two and three bedroom townhomes. Kestrel Woods Townhomes Buffalo, MN Kestrel Woods Townhomes are located in Buffalo, MN and a commutable distance to the metro area. They consist of 30 three bedroom townhomes. 2007 Rents• 3 Br $825 • Income Limits 1 Person $33,000 2 People $37,680 3 People $42,420 4 People $47,100 5 People $50,880 Amenities• - Private Entry - Dishwasher - Laundry Facilities in each unit - Detached Garage - Playground 19 i~ Meadow View Townhomes Zimmerman, MN 200? Rents: 2 Br $700-775 (heat included) 3 Br $800-875 (heat included) 2 BR MARIF $351-30% of income 3 BR MARIF $390-30% of income Income Limits (on 19 of the 22 units 1 Person $33,000 2 People $37,680 3 People $42,420 4 People $47,100 5 People $50,800 6 People $54,660 3 units at this property are Market Rate, and have no income limit. Amenities• - Private Entry - Dishwasher - Laundry Facilities in each unit - Attached Garage - Playground ~~ ~.~_ ~~,.. ~ - ? ~. ,!~ Northcrest Townhomes are located in Mora, MN 25 minutes North of Cambridge. They consist of 24 two and three bedroom townhomes. A~y.ry1 y'a. ~ It l`Ps'[~3 , ~,g ry~ 'nY''l' y ~ ~~~ ~ ';- ~„ _ ._ti 6 >~ _ ~~_= -, ,~ ~. ,~ _ ~ _r_. _. ~~-. . ;_ ~ _- ~ ~ . ~ ~~ Meadow View Townhomes are located in Zimmerman, MN right off of Hwy 169, just north of Elk River, and consist of 22 two and three bedroom townhomes. Northcrest Townhomes Mora, MN nnn~ fl..«~~. 2 Br $565(heat included) 3 Br $665 (heat included) Income Limits 1 Person $23,160 2 People $26,640 3 People $29,760 4 People $33,060 5 People $35,700 Amenities• - Private Entry - Dishwasher - Laundry Facilities on site - Detached Garage - Playground - W/D Hook-up in unit 20 i~ Ridgeview Court Townhomes Payaesville, MN 2007 Rents• 2 Br $550 • 3 Br $600 Income Limits 1 Person $21,650 - 25,980 2 People $24,700 - 29,640 3 People $27,800 - 33,360 4 People $30,900 - 37,080 5 People $33,350 - 40,020 6 People $35,850 - 43,020 Amenities• - Private Entry - Dishwasher - Laundry Facilities on site - Attached Garage - Playground - W / D Hook-up in unit Ridgeview Court Townhomes are located in Paynesville, MN 40 miles west of St. Cloud, and consist of 20 two and three bedroom Twnhomes. _~ ~ ~ -~ ~,:. Reichert Place Apartments ^~~ ~ .y , =, Long Prairie, MN >~v , ~ ~~ ,m :: >-.T, ~..~,, , ~,~ 2007 Rents: Efficiency $360 (heat included) ~~ '-~ ~ ~ ~'_' "~.y.., ~;~~...`~Y ~ ~) ~~ 1 Br $400 (heat included) ~_ ~~~~ `, a :, , 2 BR $490 (heat included) ,. ~- ~~ ~ ~ ~°~ ~. •~ ~ Income Limits 1 Person $19,300 2 People $22,050 3 People $24,800 4 People $27,550 Reichert Place Apartments are located in Long Prairie, MN. This is a restoration of the old Reichert Hotel, which consists of 17 Efficiency, One and two bedroom apartments. Each floor plan is unique! AmPr~itiPC~ - Secure - Laundry Facilities on site - Secure tenant storage in Bsmt -Community Room 21 i~ River View Townhomes Sauk Centre, MN Riverview Townhomes are located in Sauk Centre, MN 40 miles North-west of St. Cloud. They consist of 24 two and three bedroom townhomes. Shoreline Commons Howard Lake, MN 200T Rents• 2 Br $580 (heat included) 3 Br $670 (heat included) Garage: $40.00 Income Limits (on 20% of the units 1 Person $44,000 2 People $50,240 3 People $56,560 4 People $62,800 Amenities• - Community Room - Dishwasher - 1 level living - Laundry Facilities on site - Detached Garages available - W/D Hook-up in unit 2007 Rents• 2 Br $575 (heat included) 3 Br $610 (heat included) Income Limits 1 Person $25,980 2 People $29,640 3 People $33,360 4 People $37,080 5 People $40,020 6 People $43,020 Amenities: - Private Entry - Dishwasher - Laundry Facilities on site - Attached Garage - Playground - W/D Hook-up in unit Shoreline Commons is located in Howard Lake, MN just off of Hwy 12. This senior building is all on 1 level, backs up to a beautiful pond, and consists of 24 One and Two Bedroom apartments 22 Timberland Townhomes Brainerd, MN 2007 Rents• 2 Br $562 (heat included) 3 Br $652 (heat included) 2 BR MARIF $358-30% of income 3 BR MARIF $399-30% of income Income Limits 1 Person $23,160 2 People $26,460 3 People $29,760 4 People $33,060 5 People $35,700 6 People $38,340 Amenities• - Private Entry - Dishwasher - Laundry Facilities on site - Attached Garage - Playground - W / D Hook-up in unit ,~-._ . t ~i . ~ ~:.,;; ,, ~,r £ 'I Timberland Townhomes are located in Brainerd, MN near the intersection of Hwy 18 and Hwy 25 in East Brainerd. They consist of 30 two and three bedroom townhomes. "r r~ ;;~:~; ': r-- r-- ~' ~~ r° r° ~„ ~~` ~ ~ ~~~~ ii Tower Terrace Townhomes are located in Cambridge, MN They consist of 32 two and three bedroom 1 level townhomes. Tower Terrace Townhomes Cambridge, MN ~.~~~ 3 Br $750 Income Limits 1 Person $27,500 2 People $31,400 3 People $35,350 4 People $39,250 5 People $42,400 Amenities• - Px ivate Entry - Dishwasher - Laundry Facilities in each unit - Detached Garage - Playground 23 i~ Turtle Ridge Townhomes St. Francis, MN 2007 Rents• 2 Br $780 (heat included) 3 Br $880 (heat included) 2 BR MHOP 30% of income 3 BR MHOP 30% of income Income Limits 1 Person $33,000 2 People $37,680 3 People $42,420 4 People $47,100 5 People $50,880 Amenities• - Private Entry - Dishwasher - Laundry Facilities on site - Attached Garage - Playground - W/D Hook-up in unit Turtle Ridge Townhomes are located in the north metro in St. Francis, MN. They consist of 30 two and three bedroom townhomes. Waters Edge Townhomes Watertown, MN Waters Edge Townhomes are located in the West metro in Watertown, MN. They consist of 30 two and three bedroom townhomes. 2007 Rents• 2 Br $770-800 (heat included) 3 Br $870-900 (heat included) 2 BR MHOP 30% of income 3 BR MHOP 30% of income Income Limits 1 Person $33,000 2 People $37,680 3 People $42,420 4 People $47,100 5 People $50,880 Amenities• - Private Entry - Dishwasher - Laundry Facilities on site - Attached Garage - Playground - W / D Hook-up in unit 24 West Birch Townhomes Princeton, MN __ ~...~„ 3 Br $600 Income Limits 1 Person $19,300 - 23,160 2 People $22,050 - 26,460 3 People $24,800 - 29,760 4 People $29,750 - 35,700 5 People $ Amenities• - Private Entry - Dishwasher - Laundry Facilities on site - Attached Garage - Playground - W / D Hook-up in unit West Birch Townhomes are located in Princeton, MN in a quiet neighborhood just off of Hwy 169. They consist of 24 two and three bedroom townhomes. 25 i~ CENTRAL MN HQUSING FARTNERSHIP, INC. RENTAL PROPERTIES-RuR.aL DEVELOPMENT Braham Heights Braham, MN .,,, 2007 Rents• 2 Br $420 • Income Limits 1 Person X47,200 2 People $53,200 3 People $59,150 4 People $65,100 Amenities• - Private Entry - Laundry hook ups in unit - Basement u v [] i. ;~c ~: .~ .~ ;V Gilmanor Apartments are located in Gilman, MN 20 minutes East of St. Cloud and consists of 8 one and two bedroom apartments. Rental Assistance is available for most units. ~x R ~ ^rM Braham Heights are located in Braham, MN I S minutes North of Cambridge and consists of 12 -two bedroom duplexes. Rental Assistance is available for most units. Gilmanor Apartments Gilman, MN 2007 Rents• 1 Br $300 • 2 Br X390 Income Limits 1 Person X40,100 2 People $45,050 3 People $50,000 4 People $54,950 Amenities• - Laundry Facilities on site - Reserved parking Groundhouse Apartments are located in Ogilvie, MN 15 minutes East of Mora and consists of 8 -two bedroom duplexes. Rental Assistance is available for most units. Groundhouse Apartments Ogilvie, MN 2007 Rents• 2 Br $400 • Income Limits 1 Person $36,350 2 People X40,800 3 People $45,200 4 People $54,950 Amenities• - Private Entry -Laundry hook ups in unit - Private Deck 26 i~ n u n u Johnson Apartments Pine City, MN 2007 Rents• 2 Br $410 • Income Limits 1 Person $36,350 2 People $40,800 3 People $45,200 4 People $49,600 Amenities: - Laundry facilities on site ~--` --__ _~ A -,€ , __ ._ _ ~-- ~~ ~- .~ .. M ty .~.~« .r$,°tiati ~~~: Johnson Apartments are located in Pine City, MN 15 minutes South of Hinckley and consists of 8 -two bedroom apartments. Rental Assistance is available for some units. ~~ ~ , ~,,„ _~ ~ ~~;~ n-c,.,;,~ ~^',~~`N `;~v. ,,,~.~ . ,~~- Randall Apartments are located right off of Hwy 10 in Randall, MN 45 minutes North-west of St. Cloud and consists of 12 one and two bedroom apartments. Rental Assistance is available for some units. Randall Apartments Randall, MN 2007 Reats• 1 Br $310 • 2 Br X330 Income Limits 1 Person $36,350 2 People $40,800 3 People $45,200 4 People X49,600 Amenities• - Laundry Facilities on site - Reserved parking Waverly Community Homes Waverly, MN 2007 Rents• 1 Br X370 • 2 Br X390 2 Br (large) $405 Income Limits 1 Person X47,200 2 People $53,200 3 People X59,150 4 People $65,100 Amenities• - Laundry Facilities on site - Ramp access to 2nd floor - Private Deck >>~~~ ~. '~ ~~ . ~ _ ~~~ - Waverly Community Homes are located in Waverly, MN I S minutes South of Buffalo and consists of 16 -one and two bedroom apartments. Rental Assistance is available for some units. 27 Home Ownership 28 Home Stretch - Homebuyer Education Home Stretch became a statewide program in 2002. In 2006 CMHP had 45 Home Buyer training classes graduating 352 participants. CMHP has scheduled 45 classes for the year 2007. More than 375 volunteers from the business community including realtors, lenders, contractors, closers, home inspectors and credit/budget counselors actively support this program. This 3 session program offers information about finding a home, securing a mortgage, budget 8v credit issues, closing the loan and home maintenance. Certificates are issued to successful participants satisfying most mortgage requirements. Pre-Purchase Counseling CMHP offers pre-purchase counseling to first time homebuyers. During each session we discuss a number of topics to include: affordability analysis, evaluation of mortgage products, barriers to homeownership, spending and debt reduction plans and preparing for loan application. The one-on-one counseling sessions provide a confidential setting for potential homebuyers to discuss their financial situation. In 2006, CMHP provided pre-purchase counseling and support to 31 first time homebuyers. Regional Housing Advisory Group (RHAG) CMHP is the coordinator for the Central Regional Housing Advisory Group. The Central group meets quarterly to discuss topics relating to the region such as affordable housing issues, homebuyer education, economic expansion, community growth and emerging markets. Regional representatives make up the Advisory Council, which also meets quarterly with Homeownership Center staff. 29 Single Family Homeownership Programs CMHP provides a variety of affordable single family homeownership programs throughout our service area. CMHP provides access to affordable lending products through RFP applications to state funders. Financing products include Minnesota Housing's CASA Initiative 1st mortgage with entry cost assistance and monthly payment assistance and 0%, deferred gap financing loans. • CMHP Scattered Site Program: This program provides affordable financing products from Minnesota Housing and Greater MN Housing Fund (GMHF). The financing products are available through CMHP's sixteen county service area for the purchase of newly constructed homes by eligible first time homebuyers. • Greater MN Housing Fund's Building Better Neighborhoods Program: This program creates affordable housing in specific new developments through funding from GMHF and Minnesota Housing. Prairie Village Becker, MN Life Cycle Housing CMHP is the service provider for this housing initiative that has the goal of creating affordable housing across the St. Cloud Metro area for first-time homebuyers. Cities included in this Joint Powers Agreement are St. Cloud, Sartell, Sauk Rapids, Waite Park and St. Joseph. The Life Cycle Housing Program has provided financing assistance to 42 first time homebuyers. Twenty-eight Life Cycle homes carry resale restrictions with the financing to create long term affordability for future buyers. 30 Granite Ledge Cold Spring, MN Woodridge of Dumbeck Estates Brainerd, MN i~ Central Minnesota Community Land Trust (CMCLT) The Central Minnesota Community Land Trust provides homeownership opportunities to low and moderate income households and creates long term affordability for future generations of homebuyers. The long-term affordability of homes is created by a shared equity resale formula that keeps the affordability with the home and creating lower sales prices for future buyers. Currently the CMCLT offers newly constructed CLT homes in Heritage Greens, Cambridge. The CMCLT is also offering an existing homes CLT program in the St. Cloud area, providing purchase assistance as well as rehabilitation funds to fix up existing homes in St. Cloud's core neighborhoods. ~~ ~~ "ice ~~ '~ ^^ 'i '~ r;r,YU. Heritage Greens of Cambridge Cambridge, Minnesota ~~ ,~ 31 1 1 1 1 1 1 1 1 1 1 1 1 1 omeless Programs 32 Continuum of Care (CoC) u L 0 1 Since 1997, CMHP has coordinated the development and implementation of the regional Continuum of Care (CoC) plan outlining existing services and identifying gaps. Annually, CMHP coordinates and submits a regional application under HUD's McKinney Homeless Grant accessing funds for regional homelessness assistance services. From 1997 to 2005, X8,175,683 in HUD dollars has been awarded regionally with total leveraged funds of ~ 16,936,512. Requested X882,355 for the 2006 application. Family Homeless Prevention (FHP) CMHP assists Lakes 8v Pines Community Action Council (CAC) with Homeless Prevention services for the counties of Aitkin, Carlton, Chisago, Isanti, Kanabec, Mille Lacs and Pine. CMHP also assists in resource sharing between FHPAP groups serving the Brainerd and St. Cloud area. FHPAP coordinates the Annual Landlord Seminar held in Mora. The last Landlord Seminar was held on October 12, 2006. Forty-Eight Landlords registered for the Seminar. Transitional Housing This Program consists of five (5) units of single family housing designed to assist families in transition. During maximum lease period of 24 months families work with case managers to attain self-sufficiency in the areas of budget, credit counseling and repair, parenting, employment, health and transportation. 33