Minneapolis has received a $750,000 grant for North Side tornado repairs from Minnesota's Housing Board.
The money is to be dispensed in interest-free loans of up to $30,000 repayable when the house sells. The 30-year interest-free loans will be available for households earning less than 115 percent of area median income.
In other closely related new, an arrangement has been worked out for Minneapolis homeowners with tornado damage to access loans from a separate $1 million Quick Start fund that was awarded to the city by the state. So far, only five North Side homes have received Quick Start money, for a total of about $150,000.
Source: Star Tribune
Fall is in the air! The leaves are turning gold and red, but there are still some great green initiatives and events happening in Minnesota. There are plenty of people ad local communities working towards a cleaner environment for all Minnesota residents. Read on to find out more.
The annual report on organic farm performance from the Minnesota Department of Agriculture and University of Minnesota said 2010 was a good year for organic farms. "Profits improved but were not outstanding." Balance sheets, however, were on average very sound as they headed into 2011. The report said that after a difficult 2009, the median organic producer earned a net farm income of $62,463 in 2010. That was a sixfold increase over 2009 and was consistent with returns earned in 2007 and 2008, which were considered very profitable for the organic sector.
As a Hopkins High School junior, Dustin Kloempken had the bright idea of getting solar panels installed to make his school more eco-friendly....