Scott County Community Development Agency

The Dakota County CDA in conjunction with its Consortium Members: Anoka County HRA, Chisago County HRA-EDA, Ramsey County HRA, Scott County CDA, and the County of Washington; applied for approximately $19,400,000 in federal funding to carry out NSP2 activities. The funds will be targeted to census tracts hardest hit by foreclosures as identified by the U.S. Department of Housing and Urban Development (HUD) if approved. A map of the census tracts can be found on the CDA’s website at www.dakotacda.org.

The funding, if received, will be used to implement the following strategies:

• Financing mechanisms in the form of soft second mortgages to assist buyers with the purchase and redevelopment of foreclosed upon residences.

• Acquisition and rehabilitation of foreclosed upon or abandoned residential property for resale or rental.

• Establishment of land banks for foreclosed upon residences.

• Demolition of blighted structures.

• Redevelopment of vacant residential properties.

Not less than 25% of the funds will be used towards strategies to house individuals and families whose incomes do not exceed 50% of the area median income as defined by HUD.

Click here to view the submitted application [PDF, 86 pages]