Home improvement financing

Sustaining homeownership by investing in healthy homes.

Application request

The Community Planning and Economic Department (CPED) provides flexible, affordable financing options for owner occupied properties, using a variety of sources including Minnesota Housing home improvement programs. CPED also offers grant incentives for energy efficiency, lead, and code repairs.

The Owner Occupied Rehab Program is currently closed for new applications and will reopen early Summer.  If you have a home repair concern, complete the form linked below or contact us to have your situation evaluated for other community resources. 

Complete the form to have your home improvement needs evaluated

Contact the Owner Occupied Rehab team

Program overview

Applicants are first screened for basic program eligibility and must have owned and occupied their property as their principal place of residence for at least 6 months prior to applying and be current on their mortgage and property tax payments. Other credit requirements may apply, see application above for more detail.

Income limits

2022-2023 Home Improvement Program Income Limits: 30% AMI


Household Size


















City funded products with an income limit of 80% AMI or below are expected to open for application in Summer 2024.

Eligible improvements

Emergency repairs

Emergency repair programs provide funding for when no other financing options are available.

Eligible improvements include, but not limited to, repairs to a property that was damaged because of events beyond the Borrower’s control or involved by a system/structural failure such as:

  • Failure of the heating, electrical, ventilation, or plumbing/septic system;
  • Roof leaks that have led to significant secondary damage to the home’s interior;
  • Electrical damage that would cause a potential fire hazard;
  • A structural failure of the foundation, walls, or roof of the home that could cause collapse; an Environmental Intervention Blood Lead Level (EIBLL) of a household resident; or
  • An accessibility need that prevents a Disabled Household Resident from inhabiting the home.
  • Other emergency conditions that could cause the home to be or become uninhabitable will be considered by City staff on a case-by-case basis.

Health and safety repairs

Home improvements that directly affect the home’s safety, habitability or energy efficiency by addressing health and safety repairs, housing code violations, radon and lead remediation.

General repair and remodeling

Eligible improvements are permanent in nature and improves the basic livability or energy efficiency of the property.

Eligible improvements include:

  • Energy conservation
  • Accessibility
  • Electrical
  • HVAC
  • Plumbing
  • Windows
  • Interior & exterior remodeling

Home improvement factors to consider

When searching for financing products, a combination of your financial profile and the nature of the repair/improvement being requested will determine what options you are eligible for.

Household size and income

Some products require income information from ALL household members over the age of 18. Others require income information from only the property owners. The income limit may be adjusted for household size or may be an amount not to exceed regardless of household size.

Credit history

Timeliness of monthly payments, judgments, liens, collections, credit score, number of recent inquiries may impact your ability to qualify for financing. Some products may require only that you are current on your mortgage and property taxes.

Project scope

In addition to financing programs for general remodeling, some programs are specifically targeted to certain types of improvements or purpose. Some programs address exterior only, emergency repairs, or health and safety repairs.

Construction contracts and down payments

Most City financing products require a review of bids and contractor licenses. Signing a contract prior to financial closing can put you at risk for directly paying the contract.

Ability to repay the loan

Borrower’s monthly debt in relation to their monthly income and total loans secured by a mortgage against the home compared to the home’s value may apply. Some programs have no such requirement.

Request accessible format

If you need help with this information, please email 311, or call 311 or 612-673-3000.

Please tell us what format you need. It will help us if you say what assistive technology you use.

Contact us

Owner Occupied Rehab




Public Service Building
505 Fourth Ave. S., Room 320
Minneapolis, MN 55415