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Fix-Up Loan

Low-Income Residential
Multi-Family Residential
Savings Category 
Maximum Rebate 

$35,000 (see exceptions below)
Unsecured loans: $15,000

Program Info
Funding Source 

Fix-Up Fund

Program Type 
State Loan Program
Rebate Amount 

$2,000 - $50,000

Minnesota Housing Finance Agency

The Minnesota Housing Finance Agency's (MHFA) Fix-up Loan provides low-interest financing for energy conservation and other basic improvements to residential properties. Home improvement loans range between $2,000 and $50,000 based on which energy efficient and renewable energy technologies are implemented. A higher loan amount may be available for improvements that enhance the accessibility of the home for a disable family member. Unsecured loans are available for up to $15,000. To be eligible for the loan, the home must be occupied by the property owner. Additionally, total family income must be at or below $96,500, unless improvements are for the enhanced accessibility of the home.
Another key feature of the MHFA home improvement loan program is the opportunity for homeowners to contract with approved lenders directly. Click [ here] for lenders that serve the Twin Cities 11-County Metropolitan Area and [ here] for lenders that serve the Greater Minnesota area. In addition, participating homeowners may select and hire contractors of their choice.