Rehabilitation Opportunities

The Central Minnesota Housing Partnership helps to provide descent and safe housing through different rehabilitation programs. These programs provide assistance to homeowners, as well as owners of rental or commercial properties. Below you will find the description of the various programs to see if you are eligible for rehabilitation assistance.

Small Cities Development Program (SCDP)

Small Cities Development Program funds come from the Department of Employment and Economic Development. Financing is provided to assist low and moderate income households complete needed repairs to their home. Financing is also available for rental and commercial property owners for eligible repairs. Specific Minnesota cities receive funding through a competative application and award process. Some features include:

• 0% deferred loans forgivable loans and low interest loans
• Favorable owners match funds requirement that vary for each city
• Owner-occupied rehab funds can be used for various improvements to include: energy efficiency, lead based paint, health and safety items, code deficiencies, roofing, windows,doors, etc.
• Commercial rehab funds can be used for various exterior improvements such as roofing, siding/brickwork, doors, windows, awnings and signage.
• Owners must be current on property insurance and taxes
• Homeowners must be at or below 80% of county median income
• Contact CMHP for additional program requirements

Funding is currently available in the following cities:

• Pine River: Accepting applications for owner-occupied rehab. Applications must be received by September 15th, 2010.

• Crosby, Ironton, Emily, Deerwood: Accepting applications for rental and commercial rehab.

• Pierz, Little Falls, Royalton: Accepting applications for owner-occupied and commercial rehab. Commerical applications will be put on waiting list.

For more information on this program or to receive an application, please call Jason Krebsbach at (320) 259-0393 or email jason@cmhp.net

HOME Rental Rehab Program (HRRP)

This program is currently being revised by Minnesota Housing. Please check our website periodically for updates on future program funding availibility.

For more information please call Deanna Hemmesch at (320) 259-0393 or email Deanna@cmhp.net

Rental Rehab Loan Program (RRLP)

The Rental Rehabilitation Loan Program (RRLP) provides a low interest loan to owners of rental properties. The loan can be used to rehabilitate existing rental properties located in Aitkin, Benton, Carlton, Cass, Chisago, Crow Wing, Isanti, Kanabec, Mille Lacs, Morrison, Pine, Sherburne, Stearns, Todd, Wadena and Wright Counties. Loans are made available through the Central Minnesota Housing Partnership and then sold to the Minnesota Housing Finance Agency. Properties must meet minimum housing standards at time of completion. There is a $25 non-refundable application fee.

• Owners can be eligible for up to $10,000 per unit with a minimum amount of $1,000
• Total maximum loan amount is $100,000
• The interest rate on the loan is 6%
• Each loan is secured with a mortgage
• Properties must meet income and rent restrictions based on the specific county the property is located in
• Property must be a permanent structure
• Must be at least 50% residential
• Must have a self contained bedroom, bathroom, and kitchen

Application Deadline

These are state funds and are available year round until the funds are depleted.

For more information on this program or to receive an application, please call Jason Krebsbach at (320) 259-0393 or email jason@cmhp.net