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PPL Emergency/Accessibility Loan Program

Geographic Service Area: 
Minneapolis & St. Paul
Program Details: 
Loans of up to $15,000 are awarded for needed home repairs without interest charges, and are forgivable under certain conditions.
What is the PPL Emergency/Accessibility Loan Program?
PPL’s Emergency/Accessibility Loan Program is a state-funded way for low-income homeowners to stay in
their homes and live safely in them. Loans of up to $15,000 are awarded for needed home repairs without
interest charges, and are forgivable under certain conditions.
 
How can I use the loan?
  • Loan can be used for either:
  • Accessibility improvements (e.g. ramps, ADA-approved bathrooms, grab bars)
  • Emergency repairs (e.g. unusable plumbing, roof leaks, fire hazards)
  • Repairs must be completed within 120 days after the commitment of the loan.
Do I qualify?
Loan recipients:
  • Own a home in Minneapolis or St. Paul.
  • Make 30% or less of the household area median income, $24,700 for a family of four.
  • Have less than $25,000 in additional assets [besides the home and primary vehicle(s)].
  • Are applying for/or received a grant from Community Action Partnership’s Weatherization Program.
What will it cost?
  • Loans are made at a 0% rate, meaning there are no additional charges or monthly payments.
  • Loans are forgiven after 15 years if you remain in the home.
  • The loan will be repaid from the sale of the home if sold before the 15 year term.
 
How do I apply?
Call 612.455.5221 to receive an initial application.