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~"'~veral municipalities in the Northwest region were <br />i~lll%awarded funding from the Minnes~ota <br />,~,,-- <br /> VDepartment of Trade and Economic <br /> Development (DTED) during it 2003 funding round: <br /> <br />· Red Lake County received $580,000 to rehabilitate <br /> 28 owner-occupied homes in four townships. <br /> <br />The City of Red Lake Falls received $200,000 to acquire <br />and demolish three flood-impacted homes, and cover <br />relocation expenses associated with the project. <br /> <br />The City of Roseau received $1,400,000 to fund <br />acquisition, clearance, relocation and business <br />assistance activities associated with the city~ flood <br />recovery. <br /> <br />Roseau County received $368,678 to fund acquisition, <br />clearance and relocation activities associated with flood <br />recovery and mitigation. <br /> <br />Region One Housing Development Alliance received <br />$670,000 in funding from the Minnesota Housing Finance <br />Agency during the Spring 2003 funding round. The funding <br /> awarded for three initiatives: <br /> · $340,000 for new single-family home construction <br /> <br />$130,000 for buyout of flood-impacted homes in <br />Roseau County <br /> <br />$200,000 for flood-related repair work <br /> <br />The Northwest Minnesota Foundation is exploring the <br />possibility of setting up a revolvin9 construction loan pool. This <br /> <br />Northwest <br /> <br /> Report provided by <br /> Northwest Regional <br /> Network Coordinator <br /> Craig Folkedahl <br />Tri-Valley Opportunity Council <br />218.281.5832 <br />craig@tvoc.org <br /> <br />would be an interest bearing loan pool available to nonprofit <br />developers in the Northwest region for the construction of <br />affordable housing. <br /> <br />The Northwest Continuum of Care Committee has met <br />4 times so far in 2003 to give input on the HMIS process and <br />to prepare for submission of the HUD Super NOFA Application. <br />Jan Delage has been hired to write the Exhibit I for the Super <br />NOFA application. <br /> <br /> MHP nwa s OIP:.lil FUn i g <br />MHP approved Organizational Investment program:: <br />(OIP) grants to eight organizations in April"2003.: ~hj's~is ~ <br />the third time,that OIP gran~,have been awarded SinCe ~e:: ';. ".: <br />program began in 1997. OIP provides:three-year oPerating:-~:: '.::' ~h~,~i~e~;U~u~i~:.Ac~ ;in~: :. ~:~:. '::::::::::::::::::::::::: :~'.::~ <br />gran~ to organi~tion~ in Greater Minne~mto:in~ea~:th~i~;:: ::; .-" <br />housing development ororganizational.capadity."Thisyea~::. '.::. ~ :.:~. <br />MHP offered three different ~p~ of funding ~roughthe:O!p:::; : <br /> <br />Advancement Capital (m facilitate increaS~affo~dable:: .Pr°gra~ <br /> housingdevelopmen0 ' . : . '=::.':' <br /> · SouthwesL Minnesota Housing PaAne~ip:.' ." .: ::.:....~ <br /> <br />The Bullet 9 <br /> <br /> <br />