The City of Saint Paul offers homeowners no-interest deferred loans for basic and emergency improvements. Qualified homeowners can receive up to $25,000.

Applications are open year-round until funding is no longer available.

Eligibility

Rehab Loans

Applicants must:

  • owner occupy the home, 
  • homestead as principal residence throughout the loan term, and
  • earn at or less than 60% Area Median Income (AMI).

Property must be 4 units or less

Loan can be used for:

  • lead based paint hazards,
  • plumbing/electrical/mechanical repairs,
  • roofing repairs/replacement,
  • accessibility ramps,
  • and/or other basic and necessary improvements for health, safety, habitability, energy efficiency or accessibility.

Emergency Loans

Applicants must:

  • owner occupy the home, 
  • homestead as principal residence throughout the loan term, and
  • earn at or less than 80% Area Median Income (AMI).

Property must be a single-family unit.

Loan can be used for:

  • electrical repairs,
  • furnace/heating systems,
  • sewer lines,
  • and/or other emergency improvements for safety, habitability, or accessibility.

Financing

Both loans have the same financing terms.

  • Type: Loan
  • Maximum award: $25,000
  • Loan terms:
    • Interest: 0%
    • Term: 30 years
    • Repayment: Deferred until borrower sells, transfers title, or no longer lives in home

Application

To apply or learn more, contact:

Last Edited: May 10, 2021