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June 28, 2017 | News

0% Interest, Home Improvement Loan Program ends July 31st!

If you are interested in 0% interest home improvement loans this year, act now to submit your application by July 31. ***Town homes and condominiums are now eligible!***


MHNA's partnership with Housing Resource Center on the "fix-it" loan program concludes at the end of July. Starting August 1, the current MHNA home improvement loan program will be on hiatus until 2018 as we transition to a new funding partner. No more applications will be accepted after July 31. Submit yours now! 

Most exterior and interior improvements are eligible. This could include anything from bathroom repairs to kitchen updates to painting projects to new lighting. Certain categories of work are ineligible; please refer to the 2017 loan program guidelines for a complete list.

Eligible properties include owner-occupied and non-owner occupied properties (no larger than 4 units); all properties must be located with the geographic boundaries of the Marcy-Holmes Neighborhood. Town homes and condominiums are now eligible.

Property owners can apply for loans ranging between $4,000 and $20,000. Regardless of total amount, all loans have an interest rate of 0%! And there are no income restrictions!

For more info or to request an application for the loan program, call the Housing Resource Center at 612.588.3033 or visit www.gmhchousing.org.