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Mortgage Assistance Foundation
Meeting Date: 11/09/2018  
Subject:    Consider amendments to existing loan programs and addition of new programs
From: Kristin DeGrande


The City of Coon Rapids has been offering home improvement programs and a down payment assistance program to homeowners and homebuyers in Coon Rapids for many years.  The programs have experienced varying levels of activity and market conditions have changed over the years.  For these reasons, staff is proposing some modifications to the existing program guidelines to ensure they continue to meet the needs of the City's property owners.  Additionally, staff is asking the Board to consider adding some new programs to those already available.  The purpose of this meeting is to continue the discussion we started in August to bring these programs up to date so they can be approved and ready to promote in 2019.

Proposed Guidelines

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