Rehabilitation Loan Program

The Rehabilitation Loan Program is funded by Minnesota Housing Finance Agency and is available to eligible homeowners. Borrower must meet program income limits, 30% of area median income. The following income limits are effective for any loans closed on or after May 3, 2021:

Household Size
Income Limits

Loans of up to $27,000 are available for basic and necessary improvements such as:

  • electrical, plumbing, or heating systems
  • energy-saving improvements including insulation and storm windows
  • siding and roofing components to make the home more weather-tight
  • improvements that will increase the property’s compliance with applicable housing codes and regulations

Lead-based paint, radon, and mold hazard mitigation are also addressed. The improvements must be directly related to making the home more livable, safe, and energy efficient. 

The loans are deferred, 0% interest rate, and forgiven after 15 years or due upon sale of the property.

If you are in Olmsted County please visit the Olmsted County HRA’s website for more information and to apply.

If you are in Dodge, Fillborne, Freeborn, Goodhue, Houston, Rice, Steele, Wabasha or Winona counties please visit SEMCAC’s website for more information and to apply.

If you are in all other counties in Minnesota please visit Minnesota Housing’s website to find your lender.