Center for Energy and Environment home improvement loans

Minnesota Fix-Up Fund

Maximum Loan
$35,000
Interest Rate
7.25% APR
Loan mortgages
Loans over $10,000 will be secured by a mortgage
Lien
20 years

The Minnesota Fix-up Fund offers loans at below market interest rates to homeowners. The fix-up fund was established to improve the basic livability and/or energy efficiency of the borrower’s home.

Eligible projects
  • Includes interior or exterior improvements, general remodeling or maintenance items.
  • If the improvement is being made for accessibility purposes for a family member who is disabled the maximum household income does not apply and the loan may be higher.
Eligible borrowers
  • Gross annual household income of $90,000 or less
  • Borrowers must own the property or be purchasing it through a mortgage or contract for deed
Eligible structures
  • Owner-occupied, 1–4 unit properties
  • Up to 49% of the residence may be used for business
  • Property must be a completed structure

For more information, contact Dave King at 612.335.5889.

CEE Home Energy Loan

Maximum Loan
$10,000
Interest Rate
7.25% APR
Lien
5 years
Loan mortgages
All loans will be secured by a mortgage
Maximum term
5 years

The Home Energy Loan program offers low interest loans to homeowners that want to make energy improvements to their properties.

Eligible improvements
Includes heating system replacement, insulation, windows, doors, and water heaters.
Eligible borrowers
  • No maximum annual household income limit.
  • Borrowers must own the property or be purchasing it through a mortgage or contract for deed
Eligible structures
  • Owner-occupied, 1–4 unit properties
  • Up to 49% of the residence may be used for business
  • Property must have been built prior to May 1, 1989.

For more information, contact Dave King at 612.335.5889.