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2008-04-15_Agenda
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2008-04-15_Agenda
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Last modified
5/9/2014 11:45:09 AM
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3/17/2010 2:47:47 PM
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Commission/Committee
Commission/Authority Name
Housing Redevelopment Authority
Commission/Committee - Document Type
Agenda/Packet
Commission/Committee - Meeting Date
4/15/2008
Commission/Committee - Meeting Type
Regular
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HousingResource �enier - NorthNTetro <br />Ci�y of Rosevill� Monthly Status Report as of 2/29/08 <br />_ . _._ ---. _ _ _ : _ _ _ <br />oseville Family Home wnership Rehabilitaiion Loan <br />__ _ _ . _ _ _ _ _ _ _ _ _ -- - -- : <br />Loan PooL _ _ , _ $250,000.00 <br />- - - - -... ,. --- -- _ , . e _ _ _ --- -�--- _ _ _ . <br />' Total num6er of applications received: 8 <br />_ _ . _.. _ __ ,.__.... _ <br />_..- - ---- -- -- - -- -- - -._ ... <br />- - ----.. ...__ ... , _ <br />A�plicatia.ns in process: � 1 <br />_.. . - - - _ , _ ....... __ ..-� _...._ <br />_._.. .. <br />Number of loans closed to date: � 6 <br />_ . _ . _ -------- --....... _ _----- - _ , ___ ... . ---;--- ---,.__ _ <br />Total dollar amount of prajects: � $0.00 <br />-_ _. .. _ _ _ ----- <br />-- -- ... . _ <br />Tvtal dof4ar amount of funds used for laans closed: ; $0.00 <br />_ _:_ _ __...... .... ._ _ .. _ _ - - - --- .. _ ;_ __ <br />Program Income through January 2008 � $10,44(1..23 <br />_.... , ._ .. -- -- ---- _. _ : <br />Total dollar amount of funds remaining in pooL• ' $260,440.23 <br />_ . _ ._ _ . ._ _ - -- - _ - - -- _ _ . <br />__ , _ _ - -- � <br />I <br />evo ving oan _ _ -- —,-- _ <br />. _ _ _ _ _ _ ..-- ------- - ---- _ : _ _— <br />Loan Pool: ; $490,004.00 <br />__ _ ,. _ _ _ .....- ----------- ----. _ ; -- --- ----- __..._ _ , <br />Total number of applications received: 166 <br />__ __ . .. _ _ _ <br />----- __. , -- ----- ---- - -; _ , <br />Applications in process: ; 2 <br />_ . . _ ------ ------ _ _ . .._.... . ....... - ,---- _:..--- -- <br />Number of loans closed to date: ' 133 <br />_ .. _ . _ ---. . .... _-- — ;. _.. .._ _ .. --- <br />- -- _ __------ - <br />Total dollar amou�t of projects: ! $2,071,230.74 <br />:_---:__ <br />_ ... _. __ _ __ . _ __ _ <br />7otal dollar amount of funds us�d for loans clos�d: ;$ 1,31�,290.33 i <br />_.._ ..._ ..... _ _ _. -- ---- ------._. _ .... - _ .. ---- - <br />Program Income through January 2008 � $854,003.16 <br />_ ___ -- _ <br />__ .............. _ �... _ _ _ ., <br />Total dolFar amoun# of funds rernaining in pool: � $31,712.83 <br />- -- -- --- .. __.. .. .. _ _ <br />_ _.._... ---.... .._ <br />_ _ _._... � <br />; <br />.. ... _ _ .. . ; <br />_ --- <br />----- -- __ - - ------ ---- - - <br />Average Income for Revolving Loan in 2007 was $102,580. Range was $54,500-$132,800 ' '. <br />--- ,. -� - - - _ .__ . _._ _._._.._ _ . . ;- - ,_ _ ._ <br />Raughly 67% of the Applicants rnet the 120%_A�erage Median lncome I <br />----- -._ . .. .. __ ------------ ---.._ _ . , ;_ _ _ <br />� �� I 1 � � <br />_ , ___ - _ <br />Income Limits by House Wold Size for Ramsey County i <br />_; '--- - <br />__ ---- - _...._. - ----...------------.. - <br />__ _.___ _ __ _ . _ I' --......_..__ _ <br />`:80°IoHU� 80% 100% 12Q% <br />One Person ' 4305� 45280 5fi600 67820 <br />_ ___ ... _ ,_ _. _.- � ---- <br />_.__ __ : _ .. .... . --- <br />7wo Person 492C}0 51760 647D0 77640 <br />_._ ..--- <br />Three Person ', 55350 58240 72800 87360 <br />_.__ e..._. __ -.. _... _. _ _ <br />__ _ _ --- --... <br />Four Person ' 615E}0 647�0 80900 97080 <br />, � <br />,._.__ _. ... . . - - .. I,. _ _ ,_ . . _ _ i----------- --�---- -_ <br />, <br />....... _. _ ---r __ _ _ _ _ _ <br />--- <br />, _ , ------- ... _ _....... _.. __... . , _. .. <br />_ __ <br />� <br />Page 1 of 1 <br />
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