Minnesota Housing Fix-Up Fund
Geographic Service Area:
Minnesota
Income Limit:
Program Details:
Income limits may apply
Loan amounts from $2,000 to $35,000
Minnesota Housing’s Fix-up Fund is a statewide program that offers affordable, low-interest fixed rate home improvement loans.
Eligibility Requirements:
- Household income at or below $96,500 (the income limit may be waived if the improvements are being made for the accessibility of a family member with a disability)
- Property must be owner-occupied
- Single family homes, duplexes, triplexes or four-plexes are eligible
Loan Features:
- Hire a contractor or do the work yourself.
- Maximum loan term of 10 or 20 years based on loan amount.
- Loan amounts from $2,000 to $35,000
- A higher loan amount may be available if the improvements are being made for the accessibility of a family member with a disability.
Eligible Home Improvements with the Fix-up Fund:
Most improvements to the accessibility or energy efficiency of a home, or general repairs are eligible, such as: windows, insulation, a new furnace, central air conditioning, electrical wiring, a new roof, a garage, septic repairs, etc.
Find a Fix-Up Fund Lender in the Twin Cities or in Greater Minnesota.
Homebuyer Stories
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Living in an apartment on 24th Street in Minneapolis, Ahmed Yusuf became aware of some townhomes being built across the street. “I liked their physical appearance very much,” he said, “and I had the sense there were some sort of good people involved in building them.”
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