HIP is an exciting homeownership program for low to moderate-income households. Through HIP, participating households receive two grants to help them purchase and rehab a home in Ramsey County. For houses purchased in the City of Saint Paul, the household needs to purchase a vacant home. For houses purchased in the rest of Ramsey County, the family can choose from any house on the open real estate market. The grants are used to reduce the amount a household needs to close on a home, and to ensure that the home purchased is structurally and mechanically safe and sound.
HIP Down Payment and Closing Cost Grant
HIP provides $15,000 to $25,000 in grant money to write down the purchase price of a house currently for sale in Ramsey County. The amount of the grant depends on need and eligibility of selected buyers.
HIP Rehab Grant
HIP provides grant funding for households to fix-up the houses they purchase through HIP. The grant is intended to ensure that HIP houses are decent, safe and mechanically and structurally sound. Rehab grant funds could be used for things like a new roof, a new furnace, and plumbing and electrical updates.
Houses purchased in the City of St. Paul are required to be vacant or foreclosed, and will receive up to $50,000 in rehab funds. Houses purchased in suburban Ramsey County will receive up to $25,000 in rehab funds.
The HIP Rehab Grant takes care of major repair and maintenance issues that are present at the time of purchase. HIP homebuyers won't have to worry about a large repair in their first few years of homeownership.
How HIP Adds up
Families and individuals selected to participate in HIP work with a real estate agent to find a house for sale in
Homes purchased through HIP become Rondo Community Land Trust homes -- the homes are owned by the CLT homeowners, the land is held "in trust" so that affordable housing will be available to future generations of low to moderate-income homebuyers. HIP homebuyers enter into the Ground Lease agreement with Rondo CLT.
HIP Property Criteria
Homes that are eligible for HIP must meet the HIP Property Criteria, either at the time of purchase, or through the HIP Rehab Grant. Rondo CLT provides free property inspections for HIP properties.
The Rondo CLT has formed a partnership with Thompson Associates to create a pilot program called The Homebuyer Initiated Program/ Home Ownership Program (HIP/HOP).
HIP/HOP assists families with children that are currently in Public Housing, or that have a Section 8 Voucher issued by St. Paul PHA.
HIP/HOP participants receive up to $50,000 in grant money from Rondo CLT and an additional $20,000 from Thompson Associates.
HIP/HOP serves two families at a time; as a family moves into homeownership, it creates a vacancy in a public housing unit or allows for a Section 8 Voucher to be turned back in for another family to use.
Rondo CLT moves buildings slated for demolition to vacant lots for extensive rehabilitation and sale as affordable housing. Through its house move activities, Rondo CLT has helped divert over 15 million pounds of demolition waste from landfills.
Rondo CLT has moved a total of 12 buildings -15 housing units -The first five houses Rondo CLT sold were house moves.
If the opportunity arises, Rondo CLT would be interested in doing more house moves and rehab projects, currently we are collaborating with other housing developers on potential house moves in the near future. Check our website for any new developments.
Rondo has built and sold a total of six houses. In 2000, Rondo CLT partnered with the Green Institute’s DeConstruction Services, the Saint Paul Neighborhood Energy Connection (NEC), and the Minnesota Office of Environmental Assistance to build two new houses using reclaimed building materials and energy efficient technologies.
The homes feature hardwood floors, doors, floor joists, light fixtures and redwood trim recovered from homes that were being demolished. One of the homes also has a solar panel that supplements the hot water heater.
The houses were built on vacant inner-city lots donated to the Rondo CLT, and the homes were sold as permanently affordable housing in 2001.
In the spring and summer of 2005, Rondo CLT sold four new construction houses in St. Paul. Two of these houses were on the Eastside and the other two houses were in the Summit-University neighborhood. These single family homes incorporated sustainable construction features including reclaimed hardwood flooring, durable cement-fiber siding, and have Energy Star efficiency rating.
We currently have no new construction houses available, but check back to our website for future updates.
Rondo CLT continues to develop lasting collaborative relationships with a variety of organizations with complimentary missions. These partnerships have been integral in Rondo CLT's success in saving housing units from demolition, building sustainable housing, providing on-site training for women entering the trades, affecting public policy related to long-term affordable housing, and promoting the community land trust model.