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02/04/21
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02/04/21
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3/14/2025 11:53:48 AM
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2/4/2021 4:57:26 PM
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City Clerk
City Clerk Document Type
City Update
Document Date
12/31/2021
Document Title
02/04/21
Retention Date
12/31/2025
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COUNTY ADMINISTRATION <br />(1:oP'l,.nrnm.uunity & Govo:°ri nt: ml Relations <br />Linda Hedstrom <br />Community Development Program Assistant <br />Phone: 763.323.5764 <br />E-mail: linda.hedstrom@co.anoka.mn.us <br />MEMO TO: Township and Cities within Anoka County <br />FROM: Linda Hedstrom, CD Program Assistant <br />DATE: January 29, 2021 <br />SUBJECT: Final Usage Report for 2020's MN Housing MCPP First Time Homebuyer's Program "Start Up" <br />Below is MN Housing's summary of mortgage loans committed during 2020's Start Up program for first time homebuyers. <br />2020 home sales rose significantly and that's reflected in the numbers below. A total of 349 loans were issued in 2020 <br />(up from last year's 277) and loans were distributed as follows: <br />City <br /># of Loans <br />Loans T or 1 <br />Loan Totals <br />Andover <br />10 <br />T 3 <br />$2,496,354 <br />Anoka <br />29 <br />T 11 <br />$6,647,461 <br />Bethel <br />2 <br />T 1 <br />$415,549 <br />Blaine <br />54 <br />T 10 <br />$12,141,102 <br />Centerville <br />3 <br />T 2 <br />$671,877 <br />Circle Pines <br />13 <br />T 3 <br />$2,712,350 <br />Columbia Heights <br />23 <br />4 <br />$5,118,699 <br />Columbus <br />0 <br />1 1 <br />$0 <br />Coon Rapids <br />113 <br />T 31 <br />$24,801,573 <br />East Bethel <br />3 <br />13 <br />$824,110 <br />Fridley <br />33 <br />Same <br />$7,159,333 <br />Ham Lake <br />5 <br />T 2 <br />$1,321,400 <br />Hilltop <br />0 <br />Same <br />$0 <br />Lexington <br />1 <br />T 1 <br />$254,140 <br />Lino Lakes <br />3 <br />Same <br />$799,107 <br />Linwood Township <br />0 <br />Same <br />$0 <br />Nowthen <br />0 <br />Same <br />$0 <br />Oak Grove (Cedar) <br />2 <br />T 1 <br />$398,547 <br />Ramsey <br />32 <br />T 9 <br />$6,610,584 <br />Saint Francis <br />14 <br />T 9 <br />$3,224,709 <br />Spring Lake Park <br />8 <br />�, 4 <br />$1,827,375 <br />Stacy <br />1 <br />--- <br />$236,680 <br />TOTALS: <br />349 <br />--- <br />$77,660,950 <br />The ACHRA Board approved our application for 2021's MN Housing MCPP Start -Up program. The application has <br />been submitted, and I'll notify you of the start date once I know. Please contact me if you have any questions. <br />NOTE: Until the 2021 program starts, there are other loan programs are still available to potential buyers; so please <br />continue to share MN Housing loan info with anyone who calls asking about buying a home in your area. <br />Thank you. <br />AG Got/ e <br />espea,'i ssV mfl aa�� t orb, <br />enter e. 21�)E�J .>� h<k1f�;�'1YL e ROC) dt. Anoka, tlti5530:i <br />,o,A,Al ed.rnI!ly.l.lr/r;r4 <br />bEINSFAMP <br />If , IilPl C_. <br />C? C S A l , 1, 0 1 <br />Afri nrs a l t Opp Ern g oyn"ur <br />
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