If you are considering refinancing your MPDU home or obtaining a home equity loan, you will need to obtain a letter of value from Division of Housing and Neighborhood Development (DHND).  The process is as follows:

• Complete a Maximum Resale Price Form and return to Stephanie Inderwiesen.
• Obtain the resale price
• Inform your lender and realtor that your home is part of the City's workforce housing program
  

You may not refinance your home for more than its restricted value.

You will receive the requested information in a timely manner by following the steps listed above. The DHND office cannot honor last minute requests for home values. These requests should be made at the beginning of the loan process, not when the loan is ready to close.

Please contact Stephanie Inderwiesen at (720) 913-1634 for additional information or clarification.