Found 2 blog entries tagged as Minneapolis Condos.

Updated Rules for FHA Loans for Minneapolis Lofts and Condos

    For a fleeting moment in 2011 and even into a good part of this year downtown Minneapolis condos and lofts was in question for a financing standpoint.  That's because so many building's FHA status was expiring. 

  This was forcing the homeowners association boards to resubmit updated highly detailed documentation to FHA regarding the finances of their respective building.  One of the questions asked by FHA as part of the approval process involved the amount of renter to owner units in the building.  Another question referenced the amount of commercial to residential square footage of the building.  Still other questions asked about the balance sheet of the building along with the most…

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  The subject heading reads list an update on Facebook or Google+, its not every day that you hear about a condo building in Minneapolis getting solar panels.  But thats exactly what is going on over at the Lofts on Arts Avenue right off 3rd Ave downtown in the Stevens neighborhood.  The condo owners of the building decided to spring for solar panels which will cover most of the roof of the building.  Doing an improvement of this size is not cheap.  The homeowners association saved quite some time for a major capital improvement like this--and they needed a majority to approve the spending measure.  Tough the panels have not been installed as of yet, (9.20.11), here is the plan:

  The homeowners want to be able to create a system that will generate…

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