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From: Elissa Rogers [elissa @bladc.org] <br />`-- Sent: Friday, March 06, 2009 2:23 PM <br />To: tim.houle @co.crow - wing.mn.us; 'Jeremy Vacinek'; Sandy Peine; 'Cindy Nelson; <br />'Janie Weston' <br />Subject: Neighborhood Stabilization Program Update <br />Attachments: MHF Grant Denial Letter.pdf <br />Dear Community Leaders, <br />Attached you will find the denial letter from Minnesota Housing Finance (MHF) regarding <br />the City of Brainerd ❑s request for Neighborhood Stabilization Program funds for Crow <br />Wing County (CWC) communities. BLADC contacted MHF to determine why the <br />application was denied and to obtain feedback for future direction. The application <br />scored well but the process was very competitive with $18+ million in requests and only <br />$6 million to expend. The following was shared about the application: <br />• It required targeted areas to be extremely focused, <br />• Evidence of greatest need and impact, and <br />• A larger amount of committed funds to leverage the NSP program. <br />BLADC found the housing application process to be challenging due to minimal <br />experience with housing programs, terms, and the overall intricacies. We recommend <br />that full time Housing and Redevelopment Authority staff consider pursuing future <br />housing grant programs for CWC communities. <br />Thank you for your support while we explored this process. <br />Sincerely, <br />Sheila and Elissa <br />Elissa Rogers <br />Economic Development Specialist <br />Brainerd Lakes Area Development Corporation <br />124 North 6th Street <br />Brainerd, MN 56401 <br />(218) 828 -0096 <br />elissa @bladc.org <br />OR <br />