Arrowhead Economic Opportunity Agency (AEOA)

Home Repair Financial Assistance

Loans to eligible homeowners to increase the accessibility of their house or make needed fixes

Description

Loan program to homeowners for routine home maintenance, emergency repairs, or accessibility improvements.

Participants must meet income and other eligibility requirements.

Additional Information

Administers a variety of loan and grant programs for homeowners to make basic improvements to the safety, livability, energy efficiency and accessibility of their home.

The Rehabilitation Loan/Emergency and Accessibility Loan Programs assist low income homeowners in financing basic home improvements that directly affect the safety, habitability, energy efficiency or accessibility of their homes.

The Emergency and Accessibility Loan Program is available for home improvements addressing emergency conditions of the home or accessibility needs for a disabled household resident, subject to prior approval by Minnesota Housing.

All loans are forgiven if the borrower does not sell, transfer title, or ceases to occupy the property during the loan term.

Features

• Organization Type
  • Community Action Partnership

• Specialization
  • People with low income

Eligibility

Residents of Cook, Lake, and St. Louis counties, excluding the City of Duluth.

• Owned and occupied your home as your principal residence for at least 6 months
• Current on all mortgage payments, if applicable
• Within the program income limits

Complete eligibility information for the Minnesota Housing Rehabilitation Loan/Emergency and Accessibility Loan Program is available online.