Welter Family

"One a scale of 1 to 10, I give the program a 15!" - Valeri Welter, Loan Recipient

Even with broken windows, horrible paint colors and original toilets installed some 50 years ago, Valeri Welter knew she loved her soon-to-be Coon Rapids home from the moment she walked in. “I said…Oh my gosh! I love this house already.” 

That was back in December of 2011. Welter knew her new home was in need of renovation, but she could see the potential and was ready to take on the challenge. She purchased the vacant, foreclosed home at a very affordable price, and with 2600 square feet, she knew it was the perfect home for her. Moving from Ham Lake to Coon Rapids, she started to read the City newsletter and discovered the City of Coon Rapids offered loan options for home renovation.

Welter says, “I knew there were things in the home that needed to be fixed, but I just didn’t seem to have a lot of extra money to fix them. I was going to school, and also working, but I thought I should take the time to look in to these programs being offered.” 
Welter was able to qualify for the Zero Interest Home Rehabilitation Deferred Loan from the City of Coon Rapids, offered through a program administered by the HousingResource Center TM. The loan allows low and moderate income residents to borrow up to $24,999 which can be used for home improvements that meet minimum housing standards. The loans are funded through federal Community Development Block Grant dollars. No monthly payments are required and up to 50% of the loan may be forgiven.

With the loan, Welter was able to tackle a long list of repairs.

  • Replaced bathroom window with glass block
  • Replaced handrail at basement stairs
  • Replaced roof on house and garage
  • Replaced siding on house and garage
  • Wrapped soffit, fascia, and door trim on house and garage with aluminum
  • Replaced rotted/damaged windows in basement
  • Replaced areas of ceramic tile tub surround where rotted/damaged
  • Replaced flooring in main bath
  • Miscellaneous wall repairs
  • Miscellaneous plumbing repairs
  • Replaced water heater
  • Provided bath fan in main bath
  • Miscellaneous electrical work
  • Installed smoke detectors and CO2 detectors

 “This program is worth it! You have this great opportunity and everyone is so nice and helpful to work with. Yes, there is paperwork involved and that takes a bit of time, but it’s worth the time! I’m grateful for the program,” says Welter.

If you are interested in learning more about the Zero Interest Home Rehabilitation Deferred Loan, contact the HousingResource Center TM at 651-486-7401 or visit www.gmhchousing.org

Valeri Welter's Home BEFORE

Valeri Welter's home before

Valeri Welter's Home AFTER

Valeri Welter's home After
Before: Valeri Welter's home had original wood siding, some of which was damaged and needed to be repaired.

After: Welter's home has a new roof, siding, soffit, fascia and trim.