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Rental Rehabilitation Deferred Loan (RRDL)

The Rental Rehabilitation Deferred Loan Program helps owners of small to medium rental properties located outside of the five-county metropolitan area (Ramsey, Hennepin, Anoka, Washington, Dakota) to finance moderate rehabilitation of structurally sound residential rental units.

Applications for RRDL funding are now closed.

State appropriations associated with the RRDL Program are administered for the rehabilitation of multifamily rental housing that currently have a USDA Rural Development Section 515 mortgage.

Webinars & Technical Assistance

Minnesota Housing hosted an Informational Webinar that covered funding program information and the application process.  

Required Technical Assistance

Potential 2023 RRDL applicants are required to attend a technical assistance meeting prior to submitting application materials. To schedule your technical assistance meeting contact Cheryl Rivinius at cheryl.rivinius@state.mn.us at 651.539.9649

Current Program Guides and Underwriting Standards
Previous Program Guides

Previous Program Guides

Contact

  • The RRDL team is available to answer any questions or provide technical assistance.