Important Update

Thank you for your interest in the Rental Rehabilitation Loan Program. The program is temporarily closed to applications. The estimated application reopen is March 2024.

If you have questions in the meantime, please contact Dean Porter-Nelson at dean.porter-nelson@stpaul.gov or (651) 266-6652.

Overview

The Rental Rehab Loan Program provides no-interest loans to landlords committed to preserving affordable rental housing.

Qualified landlords can receive up to $75,000 to make health, safety, accessibility, energy-efficient and/or curb appeal upgrades to their rental properties.

Download Program Guidelines

Eligibility

Landlords must:

  • Have a valid Certificate of Occupancy
  • Preserve 50% of units for occupants earning at or less than 60% AMI through the 10-year loan term

Property must:

  • Be 7 units or less

Loans can be used for:

  • Lead-based paint corrections;
  • Tree trimming related to structural interference;
  • Landscaping, including grading work;
  • Window or roof replacement;
  • HVAC and electrical upgrades; and/or,
  • Additional basic and necessary improvements for deferred maintenance activities, health and safety, habitability, energy efficiency, accessibility, livability and/or curb appeal.

See full program guidelines for more details.

Financing

  • Type: Loan
  • Maximum award: $75,000
  • Loan terms:
    • Interest: 0%
    • Term: 10 years
    • Repayment: Due quarterly
  • Application fees:
    • Due with application: $50 (for title search and credit check)
    • Due at closing: $246 (for closing and recording costs)

Application

Download Program Application

Completed applications should be mailed to:

City of Saint Paul 
ATTN: Rental Rehab Loan Program 
25 W 4th Street, Suite 1100 
Saint Paul, MN 5510

Completed applications include:

  • A non-refundable application fee of $50 paid to the order of "City of Saint Paul." Check or money order accepted.
  • Completed Application Form, including:
    • Signed Landlord's Responsibilities and Expectations
    • Signed Authorization to Release Information
  • Attachments including:

Last Edited: February 28, 2024