2022 Fall Shoreviews Catalog

Page 8

Resident Resources

Shoreview Down Payment Assistance Program for New Home Buyers Improved Boat & Trailer Parking Wondering where to park or store your boat, camper, ATV, snowmobile, or trailer? We have the answers below! Can I store my boat/ATV/snowmobile/camper in the garage? Yes! Can I store my boat/ATV/snowmobile/camper in a shed? Yes! Can I store my boat/ATV/snowmobile/camper in my yard? •

Yes – with the following conditions:

No more than two vehicles are stored outside.

Only one of the stored vehicles can be an RV including: campers, trailers, tent trailers, travel trailers or motorhomes.

• •

New home buyers in Shoreview can qualify for up to $30,000 in down payment assistance. Low interest loans are available for homes under $425,000. Amortizing: For buyers with incomes below 120% of the Area Median Income, you can get up to $30,000, with low interest, paid back in monthly payments. Due on Sale: For buyers whose incomes are at or below 80% of the Area Median Income, up to $20,000 is available in a due-on-sale loan with 0% interest and no payments, paid back when the home is sold, transferred, or no longer owneroccupied. Additional funds, up to a combined total of $30,000 may be used. •

Examples: a camper and a boat; a boat and an ATV; an ATV and a motorhome.

Applies to single-family homes, townhomes, duplexes, and condominiums within Shoreview city limits.

Vehicles are at least 5 feet away from the side or front property line, and 10 feet away from the back property line.

Property must be owner-occupied as a primary residence.

Purchase price may not exceed $425,000.

Can I store them on my grass?

Buyers must attend homebuyer education.

Yes, in the back and side yards. In the front yard any stored vehicle needs to be stored on an approved surface – like concrete.

Buyer may not have owned a home within 3 years.

$25 application fee

Can I store them on the street?

There must be a minimum contribution of 3% of the purchase price paid by or on behalf of the borrower with a maxium contribution of $10,000.

No. Overnight parking is not permitted from 2 – 5 am on all Shoreview streets for any vehicle. Questions? Visit shoreviewmn.gov or call 651-490-4669.

Watering tips Save water this fall while keeping your lawn healthy! Healthy lawns only need around two inches of water each week. That’s about 20 minutes of watering twice a week. Be sure to water before 11 am or after 5 pm.

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SUMMER 2022


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