When visitors come to North Minneapolis this weekend to see the six homes on the Minneapolis & Saint Paul Home Tour, they’ll also see 25 for-sale homes bedecked with balloon bouquets, promoting new financing incentives to jump-start the spring market.
Full disclosure: I coordinate the Minneapolis & Saint Paul Home Tour, a celebration of city living in which people who have remodeled their homes open up and share their ideas and talk about their neighborhoods. I’m also editor of NorthNews newspaper.
Thirty-nine percent of the visitors who answered the Minneapolis & Saint Paul Home Tour survey in 2010 said they were looking for information about neighborhoods, and five percent said they were looking to buy.
With that information in hand, North Minneapolis neighborhood leaders developed the “Live North!” event, which will run from noon to 3 p.m. on May 1, featuring for-sale homes described as “classic.” The Folwell Center for Urban Initiatives, which helped uncover the TJ Waconia investment fraud scheme and other housing issues in North Minneapolis, is part of the “Live North” effort.
Homebuyers attending the Live North open houses will find copies of the “Discover Your True North” brochure, giveaways of Warner Tool products, and financing incentives for the homes including a new round of funding through Neighborhood Housing Services, the terms of which will be announced during the Home Tour at those homes.
In this past week, the City of Minneapolis announced about 50 no-interest, due-on-sale, matching loans of up to $20,000 for home renovation in areas hit by foreclosures (most of North Minneapolis), for present homeowners or purchase-rehab. Recent census figures show a loss of population in North Minneapolis that offset growth in most other areas of the city.
Edwin Schumacher and John Fena are much farther along now, on their fourplex at 1500 Dupont Avenue N., Minneapolis. Neighbors will be helping hold the place open; they say it’s the least they can do, after watching Fourth of July fireworks from its balconies last summer.
The home tour goes beyond the North Side of Minneapolis, with 55 households and locations throughout the Twin Cities. Residents open their doors to show creative and practical ideas for remodeling kitchens, bathrooms, and adding space in a way that’s sensitive to the surrounding architecture, historic restoration and more.
“We love to go to the home tours,” said Kim Lerma, co-owner of 613 North Street in Dayton’s Bluff, Saint Paul, whose home is on the tour this year. “It’s a huge motivation. It’s like, okay, let’s go home and get out the tools and start working.” She and husband René have an 1878 Victorian that they’re returning to grandeur inside after winning recognition in 2008 for exterior restoration. [Video, below, by MTN.]
On the tour, visitors talk directly with homeowners; and in many cases, their contractors, architects, and other trades people are available. Thirty-some companies are represented on the tour with a wide range of projects. Both cities also show a small sampling of rental lifestyles, and homes for sale that have been renovated through the federally-funded Neighborhood Stabilization Program.
Going to the Home Tour?
The 24th Annual Minneapolis & St. Paul Home Tour is Saturday, April 30, 10 a.m.-5 p.m. and Sunday, May 1, 1-5 p.m. Home Tour Guides with maps and descriptions of all the homes are available at local libraries in Hennepin County (Minneapolis and suburban), Saint Paul and Ramsey County or online at the Home Tour website.
The Minneapolis and Saint Paul Home Tour is managed by Minneapolis Neighborhood Revitalization Program (NRP) with the City of Saint Paul Planning and Economic Development department, and involves other corporate and non-profit sponsors. For information, call 612-673-5103.