These are low-interest loans offered through the Minnesota Housing Finance Agency for home improvement, energy efficiency enhancement or creating accessibility for disabled residents.

 

  • Loan amounts from $2,000 to $35,000*
  • Fixed annual interest rate
  • Affordable monthly payments
  • No minimum down payment

 

Borrower(s) must meet the following requirements:

  • Household income does not exceed $96,600
  • Borrower(s) must have acceptable credit
  • Borrower(s) must own the property

 

Residence must meet the following requirements:

  • Residence must be a year-round owner-occupied home
  • Residence must be an existing structure

 

  Fix Up Family

These loans are great for:

  • Adding a room or new garage
  • Replacing your roof or siding
  • Upgrading or replacing your electrical wiring
  • Septic system or plumbing repairs
  • Building an accessibility ramp
  • Replacing doors and windows
  • Insulating walls or attic space

 

*A higher loan amount may be available or the income limit may be waived if the improvement is being made for the accessibility of a family member who is disabled.