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Home Improvement Programs

Is your home in need of repair? Minnesota Housing offers a variety of loan programs to help make necessary repairs or updates to your home. We work with local participating lenders who can answer questions about program eligibility and help you learn about the features of our programs. Explore more about our programs below.

If your home was damaged by recent wildfires or extreme weather in Minnesota, please see a list of resources that may help.

Disaster Recovery Loan Program

Disaster Recovery Loan Program 2024

The program is being prepared in response to the Leech Lake Band of Ojibwe disaster event.

The Disaster Recovery Loan Program may offer state financial assistance to individuals whose home sustained damage as a result of a natural disaster designated under a presidential major disaster declaration.

A Disaster Recovery Loan can help fill the financial gap when private insurance and federal assistance are not adequate to return a damaged home to its pre-disaster condition.

Questions?

Contact us at 651.296.8215 or 800.710.8871

Fix Up Home Improvement Loan Program

Whether you need to make necessary repairs or simply want to update your home, a Fix Up loan may be able to finance most home improvement projects for eligible borrowers. The Fix Up loan’s fixed interest rates and extended repayment terms (up to 20 years on some loans) mean monthly payments that may fit your budget.

Additional Program Features

Loan amounts from $2,000 to $75,000
Loan terms vary from 1 year to 20 years
Fixed interest rate
Level monthly payments over the term of the loan
No downpayment required
Secured and unsecured loan options
Little to no equity in your home required
Income requirements for Fix Up loan program
- No income limits for the Accessibility loan program
Finance projects already started, or that were completed within the past 120 days
Hire a contractor or do the work yourself
No prepayment penalty

Program Requirements

Fix Up program requirements include:

Income limits (exception for Accessibility loan program, which has no income limit)
Minimum credit score
Owner-occupancy requirement means you have to live in the home for the term of the loan

Eligible Projects

Your participating lender determines project eligibility. Improvements to single-family, duplexes, triplexes, and fourplexes may be eligible.

Examples of eligible projects include:

Porches and decks
Bathroom or kitchen remodels
Basement refinishing
Furnace, boilers, water heaters and central air conditioning
Windows and siding
Insulation
Roofs
Tree removal or trimming, or property regrading
Septic system repairs or replacement
Mold and radon mitigation
Accessibility improvements
Garages
Home additions
Accessory dwelling unit
And more

Contact your approved lender to find out more eligible improvements!

How to get a Fix Up Loan

Use our Lender Directory tool to find an approved Minnesota Housing participating lender. You will work directly with your lender from pre-qualification to closing on your Fix Up loan.

Energy Loan Plus

Make energy-conservation-related improvements to your home using a home improvement loan with a low interest rate. Funds are limited and might go quickly – contact a participating lender to see if you qualify.

Program Features

Loan amounts from $2,000 to $30,000
Secured and unsecured loan options
Loan terms vary from 3 year to 20 years
Fixed interest rate
Level monthly payments over the term of the loan
No downpayment required
Little to no equity in your home required
No prepayment penalty

Program Requirements

Income limits
Minimum credit score
Owner-occupancy requirement means you have to live in the home for the term of the loan

Eligible Projects

Your participating lender determines project eligibility. Improvements to single-family, duplexes, triplexes, and fourplexes may be eligible.

Examples of eligible projects include:

Windows
Insulation
Heating & cooling systems
Water heaters

How to get an Energy Loan Plus loan

Use our Lender Directory tool to find an approved Minnesota Housing participating lender. You will work directly with your participating lender from pre-qualification to closing on the loan. Have a more extensive project or don’t meet the income limits? Speak to your lender about the other Fix Up loan options.

*This project was made possible by a grant from the U.S. Department of Energy and the Minnesota Department of Commerce through the Infrastructure Investment and Jobs Act of 2021 (IIJA).

Rehabilitation Loan Program and Emergency & Accessibility Loan Program

The Rehabilitation Loan Program and Emergency & Accessibility Loan Program (RLP/ELP) assist low-income homeowners in financing home improvements that directly affect the safety, habitability, energy efficiency or accessibility of their homes. The Emergency & Accessibility Loan Program is available for home improvements that address emergency conditions of the home or accessibility needs for a household resident with a disability.

To be eligible, you must:

Work with a participating Rehab Loan Lender
Meet program income limits
Not have assets exceeding $25,000
Own and occupy the property to be rehabilitated
Be current on property taxes and mortgages

Program Features

Maximum loan amount is $37,500
Maximum loan term is 15 years for properties taxed as real property and 10 years for mobile/manufactured homes taxed as personal property located in a mobile home park
Loans are forgiven if you do not sell, transfer title, or cease to occupy the property during the loan term.
Various property types are eligible including, but not limited to, single-family homes, duplexes, a condominium unit, and manufactured housing taxed as real or personal property

Eligible Home Improvements

Basic improvements that directly affect the safety, livability, or energy efficiency of the home
Addressing lead paint hazards
Electrical wiring
Furnace/boiler repair or replacement
Plumbing repairs
Well and septic repair or replacement
Radon mitigation
Mold remediation
Windows
Siding
Roof repair or replacement

In connection with Single Family Division loan programs, Minnesota Housing does not make or arrange loans. It is neither an originator nor creditor and is not affiliated with any Lender. The terms of any mortgage finance transactions conducted in connection with these programs, including important information such as loan fees, the annual percentage rate (APR), repayment conditions, disclosures, and any other materials which are required to be provided to the consumer are the responsibility of the Lender.