275 Bates Avenue, (in foreground) in the Dayton's Bluff neighborhood of St. Paul, can be purchased for $1 from the St.Paul Housing and Redevelopment Authority, and 279 Bates (in distance) is on the market for $5000. (Pioneer Press: Scott Takushi)
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About the 4th Street Preservation Project The 4th Street Preservation Project will strengthen the Heritage Preservation District in the Dayton's Bluff Neighborhood by directing rehabilitation resources and technical assistance toward a targeted area in the neighborhood in order to preserve the housing stock and encourage home ownership.
A neighborhood planning process convened with the assistance of the Dayton's Bluff Community Council, the Dayton's Bluff Urban Partnership, and other community partners created development principles that will be used to inform proposals for rehabilitation and other community development.
To date, the City's Housing and Redevelopment Authority (HRA) has acquired 11 single-family homes and duplexes within the Dayton's Bluff neighborhood that are available for purchase.
Properties for Sale All properties available through the projectare strictly for homeowner occupancy.Consideration will be given to developers who are working with home buyers who will purchase the home upon completion.
Must demonstrate the financial resources needed to undertake successful rehabilitation of the property and should be able to qualify for a mortgage in the range of $140,000 - $190,000.
Are required to incorporate the development principals and historic preservation goals created through the neighborhood planning process described in the application.
Will become homeowner occupants or will work with home buyers to purchase and occupy the property upon completion.
Will receive technical assistance from the HRA to complete the rehabilitation.
Open Houses Tuesday August 25, 2009 4:00 pm - 8:00 pm Featuring Properties: 688 E 4th, 689 E 4th, 693 E 4th, 695 E 4th, 700 E 4th, and 326 Maria
Request for Purchase Application and Appendices Prospective home buyers interested in purchasing a home from the HRA must complete a Request for Purchase Application.