Housing & Redevelopment Authority
|Housing Urban Development (HUD)-MN|
The Belle Plaine Economic Development Authority exercises HRA powers as provided under Minnesota Statutes and authorized by the City Council. The EDA works to ensure a complete housing supply is available to all Belle Plaine residents. The EDA also supports and encourages redevelopment and rehabilitation as cost-effective means of maximizing the public’s investment in existing infrastructure and leveraging private sector investment.
Take Advantage of the 2017 Housing Incentive Programs & Grants
Single Family Home Down Payment Grant:
The purpose of the Single Family Home Down Payment Grant Program is to encourage ownership of newly constructed single family residences within the City of Belle Plaine. Homeowners may apply for down payment assistance in an amount of up to $2,000 upon purchase of a newly constructed home. The newly constructed home must be completed with the assistance of at least one contractor with its business located in the 56011 zip code and be a newly built home.
Applicants must apply for the Single Family Home Down Payment Grant Program within 30 days after the closing on a home located within the corporate boundaries of the City of Belle Plaine. The home must be new construction (new home permit issued) and not occupied prior to purchase, and at least one contractor that worked on the construction of the home must have its business located in the 56011 zip code. Applicants must intend to live in the home for at least one year. Applicants may not apply for assistance under the Single Family Home Down Payment Grant Program for rental properties. If the Applicant sells the home or converts it to rental property within one year of occupancy the grant authorized and distributed under this Program must be repaid to the Belle Plaine HRA.
In order to obtain a grant under this grant program, owners of program eligible single-family homes must provide evidence that the combined household income is at or below the Low (80%) Income Limits for Scott County, Minnesota, reported annually by the U.S. Department of Housing and Urban Development at https://www.huduser.gov/portal/datasets/il/il2016/2016summary.odn.
Facade and Energy Efficient Improvement Matching Grant:
The purpose of the Façade and Energy Efficiency Improvement Grant Program is to encourage the renovation or rehabilitation of existing housing stock located within the City of Belle Plaine with façade and/or energy efficient improvements. Homeowners of low or moderate income may annually apply for assistance under this grant program in an amount of up to $1,000 in matching funds.
The goal is to reduce blight in residential neighborhoods in the City by providing assistance to persons with low or moderate incomes for the purpose of renovating or rehabilitating existing homes with façade and/or energy efficient improvements.
Each applicant may apply for up to $1,000 in assistance under this grant program by submitting the application to the HRA. Homeowners will be required to provide matching funds for the renovation or rehabilitation. EDA Staff will review the grant applications and approve the amount of the final grant to the extent funds are available. The Façade and Energy Efficient Improvement Grant Program will be administered under written policy and procedures to the extent funds are allocated and available to the grant program by the EDA Board. The grant program will be funded in the amount of up to $10,000 in 2017.
Grants under this program are available to owners of single family homes and multi-family residential projects that are located within the City of Belle Plaine (including persons who have a property interest in a home or multi-family residential project pursuant to a contract for deed). Applicants must apply for the Façade and Energy Efficient Improvement Grant Program by completing the attached application and providing evidence that the improvements to be made are related to a façade improvement and/or energy efficient improvement. In addition, owners of single family homes must satisfy the income criteria set forth below or provide evidence of blight on their properties. Owners of multi-family residential projects must provide evidence of blight on their properties.
In order to obtain a grant under this program, owners of single family homes must provide evidence that the combined household income is at or below the Low (80%) Income Limits for Scott County, Minnesota, as determined by and reported annually by the U.S. Department of Housing and Urban Development at https://www.huduser.gov/portal/datasets/il.html (or provide evidence of blight on their properties, as described below),
Funds are limited, so apply today. For more information contact the Community Development Department, 952-873-5553.