We make resources available for both homeowners and business owners in the Bancroft neighborhood in the form of grants and loans.

FOR BANCROFT RESIDENTS

BNA offers Neighborhood Initiated Grants, to support individuals or organizations in the neighborhood on projects that will benefit the Bancroft Neighborhood. Click here for program guidelines and application.

BNA offers a Security Rebate Program to homeowners located within the Bancroft neighborhood. As an incentive for basic security enhancements to homes in the Bancroft neighborhood, the Bancroft Neighborhood Association (BNA) will provide a rebate up to $50 for eligible safety-related improvements. See our program information sheet to apply.

BNA has partnered with the Center for Energy and Environment to buy down Home Energy Squad visits by 50%. This means that Bancroft residents can schedule a visit for only $50 (usually $100). The visit includes a blower door test with an infrared camera inspection to identify air leaks and insulation voids, a safety check of your home’s heating system and water heater, and the installation of energy-saving materials. Materials may include door weather stripping, a programmable thermostat, CLFs, faucet aerators, shower heads, and a water heater blanket. Call 612-335-5874 to schedule your visit today!

The BNA Curb Appeal Lottery is underway. This program allows eligible participants to apply for up to $1,000 in matching funds for an exterior improvement to their home that can be seen from the sidewalk. More information can be found on our program information sheet, and the timeline is below:

Application due:    May 1, 2018

Drawing held:    May 10, 2018

Projects can begin:    May 11, 2018

Project completion:    October 1, 2018

Final paperwork to BNA:  October 31, 2018

 

FOR BUSINESS OWNERS

The Bancroft Neighborhood Association is working in partnership with the City of Minneapolis’ Great Streets program to offer matching reimbursement grants for Facade Improvement. Click here for more information about this program.

BNA also offers a matching grant under our Commercial Improvement Program. Information and an application can be found by clicking here. There are limited funds remaining for this program, so check with the BNA office prior to starting the application process to determine what amount is available to you.

 

FOR POTENTIAL HOMEOWNERS

The City of Minneapolis has received funds from Wells Fargo to provide down payment assistance to home buyers purchasing a single-family home in targeted neighborhoods. Bancroft is one of those neighborhoods.

Home buyers may receive up to $5,000 in a no-interest deferred loan. The funds can be used to bring the housing ratio (principal, interest, taxes, homeowner’s insurance and mortgage insurance, if any) to 25% of their gross monthly income.  Income restrictions apply.

For complete guidelines and an application go to www.gmhchousing.org or call the Greater Metropolitan Housing Corporation: Housing Resource Center – South at (612) 722-7141.

If you are looking for information on home buying or foreclosure prevention, check out the Minnesota Home Ownership Center.

 

OTHER RESOURCES

If you’d like information on solar electric energy, contact Cooperative Energy Futures.

There are also other sites you can check for local resources and information:

City of Minneapolis Home Page

Minneapolis Community Planning and Economic Development Agency (CPED)

Hennepin County Home Page

State of Minnesota

One Response to “Resources and Forms”

  1. Christine leehey 07. Mar, 2011 at 2:07 pm #

    Hello, I am looking for a list of area arts programs (bascially in the neighborhoods of Bancroft, Central, Powderhorn, Phillips and Seward). I know several years ago, a group met at Urban Arts Academy to pull an “Arts Association” together (similar to a Business Assoication). Did this ever happen? I have been asked to pull a list together for our Church (St Pauls Evangelical Lutheran near the Heart of the Beast). Thank you!

    Christine Leehey