The Rehabilitation Loan Program (RLP) provides deferred loan financing to low income homeowners needing to rehabilitate their existing residential housing for the purpose of improving its safety, livability or energy efficiency. The RLP is a compliment to loan programs available in the private sector and fills the financing gap that exists between homeowners who are able to secure home improvement financing in the private sector and those homeowners who are unable to do so. Existing residential housing will be rehabilitated to meet Minnesota Housing’s Single Family Rehabilitation Standard (Rehabilitation Standard), thereby ensuring that all deficiencies as cited in a property inspection under the Rehabilitation Standard are cured.
Homeowners needing assistance of an emergency nature or to address an essential accessibility need will be referred to the Minnesota Housing Emergency & Accessibility Loan Program.
Effective with the 2010 program year, the Rehabilitation Loan Program will be funded with federal HOME Investment Partnership Program (HOME) funds, which requires competitive procurement of Program Lenders. Program Lenders will be selected and contracted through a Request for Qualifications (RFQ) process, which will ensure that these programs are adequately and equitably implemented across the State of Minnesota.
Applications for these programs were due on September 1, 2009. Applicant selections will be posted to the website on this page on or around September 24th, 2009.
Single Family Rehabilitation Loan Program and
Emergency & Accessibility Loan Program
Application Materials
Resources
Minnesota State Building Code Inspectors Resource ListRehabilitation Loan Program eNews Archive
Contact
If you have questions on the Single Family Rehabilitation Loan Program, or the Emergency & Accessibility Loan Program, please contact the Minnesota Housing Help Desk at 651-296-8215.
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