AgStar Grant received
at Region Five Development Commission
July 10, 2008

Region Five Development Commission received $5,000.00 in grant funding from AgStar Financial, towards the completion of a Regional Energy Audit in efforts to access the regions alternative energy assets, to provide a summary of the economical and environmental trade-offs of utilizing identified resources and to identify projects that can be started as a result of the study information. This study hopes to be an economic development tool for the regions growing alternative energy business expansion and start-up projects. AgStar’s commitment to agricultural based business growth is appreciated and commended. Contact Nicole Scheler for more information: 218-894-3233.

Statewide Foreclosure Prevention Outreach Initiative Helps Distressed Homeowners Find Solutions

Initiative Urges Early Action
St. Paul, MN March 17, 2008

This month, the Minnesota Home Ownership Center is kicking off a statewide foreclosure prevention outreach effort designed to make Minnesotas at-risk homeowners aware of their options and encouraging them to act before they get behind on their mortgage payments. Minnesota, along with the entire country, is currently witnessing an alarming trend in home foreclosures. In 2008, an estimated 80,000 home owners are expected to become delinquent on their mortgage payment.

As the foreclosure crisis continues, more and more Minnesota homeowners face the possibility of losing their homes. As homeowners get behind on their mortgage, fear, embarrassment or the belief that nothing can be done often prevent them from seeking help. Our first contact with distressed homeowners often occurs when they are alreadyin foreclosure and by then, the options are limited. "Most people don't realize that they if they act early, there are many tools available to help them avoid foreclosure," said Julie
Gugin, Executive Director of the Minnesota Home Ownership Center.  Read more...

Designed by Midwest Captions Inc.