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    3.    
Mortgage Assistance Foundation
Meeting Date: 10/10/2019  
Subject:    Front Door Grant Program - Year in Review
From: Kristin DeGrande

Information
INTRODUCTION
The Front Door Grant Program was introduced in March 2019 and it was wildly successful.

DISCUSSION
The Front Door Grant Program was officially kicked off as a pilot program to increase curb appeal in Coon Rapids at the North Suburban Home Show in March 2019.  By the end of April, all of the initial $100,000 funding 37 grants was exhausted.  In May, the CRMAF/CRHIF met and decided to allocate an additional $150,000 to the program to be awarded through a lottery drawing.  Through the lottery, an additional 50 recipients were selected to continue in the process of receiving a grant.  Of those 50 chosen, 14 homeowners ended up withdrawing their application due mostly to lack of their own funds. There were some recipients who chose to sell their homes instead of make improvements, some who had trouble obtaining bids from contractors, and some whose projects did not meet the minimum requirements.  In all, there were a total of 73 recipients in the first year of the Front Door Grant Program, $188,080.21 worth of grants awarded, and a total of $1,049,114.83 worth of exerior improvements completed.  This means that there was an average project size of $14,344 and an average grant size of $2,576.  This was a program that received a ton of attention and created just as much, if not more, excitement within the community.
RECOMMENDATION
Staff recommends funding the Front Door Grant Program again in 2020.

Attachments
Program Application
Recipient Survey Results
Applicant Survey Results

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