DREAMS - Revision history

Randylyon at 21:34, 6 February 2020

2020-02-06T21:34:33Z

← Older revision		Revision as of 21:34, 6 February 2020
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	Finding buyers for DREAM houses was not always successful. A property on University Avenue that had been vacate for more than 20 years had been purchased from Dubuque County for one dollar by the city. After $14,000 had been invested in repairs in hopes that it would be purchased and renovated as part of the DREAMS program, the house was sold to a local developer for one thousand dollars. (3)		Finding buyers for DREAM houses was not always successful. A property on University Avenue that had been vacate for more than 20 years had been purchased from Dubuque County for one dollar by the city. After $14,000 had been invested in repairs in hopes that it would be purchased and renovated as part of the DREAMS program, the house was sold to a local developer for one thousand dollars. (3)

			See: [[AFFORDABLE HOUSING]]

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Randylyon at 21:32, 6 February 2020

2020-02-06T21:32:39Z

← Older revision		Revision as of 21:32, 6 February 2020
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	[[Category: City Government]]		[[Category: City Government]]
	[[Category: ~~Affordable Housing~~]]		[[Category: Sustainability]]

Randylyon at 21:31, 6 February 2020

2020-02-06T21:31:21Z

← Older revision		Revision as of 21:31, 6 February 2020
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	[[Category: City Government]]		[[Category: City Government]]
			[[Category: Affordable Housing]]

Randylyon at 00:23, 1 December 2018

2018-12-01T00:23:28Z

← Older revision		Revision as of 00:23, 1 December 2018
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	DREAMS~~. Innovative programs of the City of Dubuque to renovate once-abandoned and dilapidated houses and stabilize deteriorating neighborhoods~~. Starting in 1993, the City purchased rundown property which was then sold to low-to-moderate income residents and first-time buyers. The buyer had to put 3% down on the house and make monthly payments of about $400.00. Financing was secured through one of four lenders with the City often providing a long-term second mortgage. (1)		DREAMS. Starting in 1993, the City purchased rundown property which was then sold to low-to-moderate income residents and first-time buyers. The buyer had to put 3% down on the house and make monthly payments of about $400.00. Financing was secured through one of four lenders with the City often providing a long-term second mortgage. (1)

	Participants were required to take thirteen-week courses in finance, budgeting and rehabilitation of older homes and then live in the house for five years or pay a penalty. By 1996, investment in some of the city's oldest neighborhoods totaled $659,481. Of those involved in the program, eleven families had renovated houses increasing their assessed value by 300%. No family had defaulted on a loan. (2)		Participants were required to take thirteen-week courses in finance, budgeting and rehabilitation of older homes and then live in the house for five years or pay a penalty. By 1996, investment in some of the city's oldest neighborhoods totaled $659,481. Of those involved in the program, eleven families had renovated houses increasing their assessed value by 300%. No family had defaulted on a loan. (2)

Randylyon at 01:56, 30 May 2016

2016-05-30T01:56:59Z

← Older revision		Revision as of 01:56, 30 May 2016
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	DREAMS. Innovative programs of the City of Dubuque to renovate once-abandoned and dilapidated houses and stabilize deteriorating neighborhoods. Starting in 1993, the City purchased rundown property which was then sold to low-to-moderate income residents and first-time buyers. Financing was secured through one of four lenders with the City often providing a long-term second mortgage.		DREAMS. Innovative programs of the City of Dubuque to renovate once-abandoned and dilapidated houses and stabilize deteriorating neighborhoods. Starting in 1993, the City purchased rundown property which was then sold to low-to-moderate income residents and first-time buyers. The buyer had to put 3% down on the house and make monthly payments of about $400.00. Financing was secured through one of four lenders with the City often providing a long-term second mortgage. (1)

	Participants were required to take thirteen-week courses in finance, budgeting and rehabilitation of older homes and then live in the house for five years or pay a penalty. By 1996, investment in some of the city's oldest neighborhoods totaled $659,481. Of those involved in the program, eleven families had renovated houses increasing their assessed value by 300%. No family had defaulted on a loan.		Participants were required to take thirteen-week courses in finance, budgeting and rehabilitation of older homes and then live in the house for five years or pay a penalty. By 1996, investment in some of the city's oldest neighborhoods totaled $659,481. Of those involved in the program, eleven families had renovated houses increasing their assessed value by 300%. No family had defaulted on a loan. (2)

	Finding buyers for DREAM houses was not always successful. A property on University Avenue that had been vacate for more than 20 years had been purchased from Dubuque County for one dollar by the city. After $14,000 had been invested in repairs in hopes that it would be purchased and renovated as part of the DREAMS program, the house was sold to a local developer for one thousand dollars. (1)		Finding buyers for DREAM houses was not always successful. A property on University Avenue that had been vacate for more than 20 years had been purchased from Dubuque County for one dollar by the city. After $14,000 had been invested in repairs in hopes that it would be purchased and renovated as part of the DREAMS program, the house was sold to a local developer for one thousand dollars. (3)

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	1. Wilkinson, Jennifer. "Dubuque Looking to Sell DREAM House for $1,000," ''Telegraph Herald'', June 13, 1998, p. 1. Online: https://news.google.com/newspapers?nid=aEyKTaVlRPYC&dat=19980613&printsec=frontpage&hl=en		1. Arnold, Bill. "4 Lenders Bankroll DREAMS," ''Telegraph Herald'', January 29, 1993, p. 1

			2. Wilkinson, Jennifer. "Dubuque Looking to Sell DREAM House for $1,000," ''Telegraph Herald'', June 13, 1998, p. 1. Online: https://news.google.com/newspapers?nid=aEyKTaVlRPYC&dat=19980613&printsec=frontpage&hl=en

			3. Ibid.

	[[Category: City Government]]		[[Category: City Government]]

Randylyon at 19:00, 19 April 2016

2016-04-19T19:00:08Z

← Older revision		Revision as of 19:00, 19 April 2016
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	Participants were required to take thirteen-week courses in finance, budgeting and rehabilitation of older homes and then live in the house for five years or pay a penalty. By 1996, investment in some of the city's oldest neighborhoods totaled $659,481. Of those involved in the program, eleven families had renovated houses increasing their assessed value by 300%. No family had defaulted on a loan.		Participants were required to take thirteen-week courses in finance, budgeting and rehabilitation of older homes and then live in the house for five years or pay a penalty. By 1996, investment in some of the city's oldest neighborhoods totaled $659,481. Of those involved in the program, eleven families had renovated houses increasing their assessed value by 300%. No family had defaulted on a loan.

			Finding buyers for DREAM houses was not always successful. A property on University Avenue that had been vacate for more than 20 years had been purchased from Dubuque County for one dollar by the city. After $14,000 had been invested in repairs in hopes that it would be purchased and renovated as part of the DREAMS program, the house was sold to a local developer for one thousand dollars. (1)

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			Source:

			1. Wilkinson, Jennifer. "Dubuque Looking to Sell DREAM House for $1,000," ''Telegraph Herald'', June 13, 1998, p. 1. Online: https://news.google.com/newspapers?nid=aEyKTaVlRPYC&dat=19980613&printsec=frontpage&hl=en

	[[Category: City Government]]		[[Category: City Government]]

Randylyon: New page: DREAMS. Innovative programs of the City of Dubuque to renovate once-abandoned and dilapidated houses and stabilize deteriorating neighborhoods. Starting in 1993, the City purchased rundown...

2009-03-25T02:04:19Z

New page: DREAMS. Innovative programs of the City of Dubuque to renovate once-abandoned and dilapidated houses and stabilize deteriorating neighborhoods. Starting in 1993, the City purchased rundown...

New page

DREAMS. Innovative programs of the City of Dubuque to renovate once-abandoned and dilapidated houses and stabilize deteriorating neighborhoods. Starting in 1993, the City purchased rundown property which was then sold to low-to-moderate income residents and first-time buyers. Financing was secured through one of four lenders with the City often providing a long-term second mortgage.

Participants were required to take thirteen-week courses in finance, budgeting and rehabilitation of older homes and then live in the house for five years or pay a penalty. By 1996, investment in some of the city's oldest neighborhoods totaled $659,481. Of those involved in the program, eleven families had renovated houses increasing their assessed value by 300%. No family had defaulted on a loan.

[[Category: City Government]]