EDA reviews housing rehab loan programs
NEW ULM – The New Ulm Economic Development Authority’s (EDA) two rehab loan programs were up for review Tuesday. A special EDA work session was held to discuss the future of the “Get It Ready Single Family Rehab” and the “Multi-Family Rental Rehab” programs. Earlier this month, the EDA voted to allocate yearly funding to four of its programs. The Homebuyer Assistance Loan and Small Business Incentive Grant received annual funding, but the board held off funding the Get It Ready Single Family Rehab and the Multi-Family Rental Rehab programs for further review. The Get It ...