Waite Park Emergency Repair
A 0% interest deferred loan for a maximum of $7,500 is available to owner-occupied residential properties located in the Waite Park Neighborhood. The loan is due upon sale, title transfer, or if the borrower no longer occupies the property. The income limit is 50% of the area median income. The loan funds can only be used to correct health and safety issues or code violations that are identified through a property inspection. Sweat Equity is not allowed. Work started prior to the application and loan approval is not eligible. PRINT APP
Waite Park Revolving Loan Program
A 4% interest revolving loan for a maximum of $15,000 is available to owner-occupied residential properties located in the Waite Park Neighborhood. The maximum loan term is 7 years. There is no income limit for this program. Funds may be used to make general, permanent improvements on the interior or exterior of the home. Work started prior to the application and loan approval is not eligible. PRINT APP
Minneapolis Home Improvement Loan Program
This loan program is available in all neighborhoods of the City. Only owner-occupied single-family detached homes qualify.
• Homeowners that have a gross annual income up to 80% of the Area Median Income (AMI) may qualify for a no-interest deferred loan to meet basic code requirements, a red-tagged furnace and health and safety improvements. The maximum loan amount is $25,000.
• Homeowners that qualify for either loan program may also qualify for a lead grant to reduce lead levels in their home, as required by the U. S. Department of Housing and Urban Development.
There is normally a waiting list for this program. Please call the Housing Resource Center listed at the bottom of the page for more information.
Minnesota Housing Fix-Up Loan
The HousingResource Centers offer low interest loans including the Minnesota Housing Fix-Up Loan. This is a home improvement loan for up to $50,000 at a fixed interest rate. The loan term may be up to 20 years. These loans can be used to repair, remodel or keep your home warm and save money too! Contact the HousingResource Center for the current interest rate and income limits. Ask about new Fix-Up Loan features that include unsecured loans up to $15,000 with no equity requirement, and loans at a reduced interest rate when used exclusively for basic energy-saving or accessibility improvements; maximum loan $15,000.
Homeowners that own a home through City of Lakes Community Land Trust (CLCLT) are eligible for a Community Fix-up Fund loan, which has a slightly lower interest than the regular Fix-up Fund loan. Contact the CLCLT at (612) 594-7150 for more information. PRINT APP
Home Improvement Advice:
Our construction managers provide free construction consultations to residents of the Waite Park
neighborhood. These services include:
• Site visits with homeowners
• Contractor information
• Create a list of work for contractors to bid from
• Review contractor bids, proposals or estimates
• Accessibility modifications
• Health and safety issues
For more information contact the HousingResource Center – Minneapolis & Suburban Hennepin
2148 44th Ave N
Minneapolis MN 55412
Phone: (612) 588-3033