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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 how being accepted.  The deadline for applications is 5:00 p.m. (CT) Friday, June 9, 2023.

Up to seven million dollars in state appropriations associated with the RRDL Program is now available through a one-time Request for Proposals (RFP).  Fund are administered through the RRDL program for the rehabilitation of multifamily rental housing that currently have a USDA Rural Development Section 515 mortgage.  Funding availability is contingent upon legislative approval of program appropriations and may increase or decrease.

Webinars & Technical AssistanceMoreLess

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 at 651.296.3705.

Application Forms and ResourcesMoreLess
Current Program Guides and Underwriting StandardsMoreLess

Current Program Guides and Underwriting Standards


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