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Emergency Deferred Loan Program (Victory neighborhood) PDF Print E-mail

Description:  A 0% interest loan for a maximum of $3,000 is available to homesteaded and owner-occupied single-family dwellings. The loan provides financial assistance to homeowners who are in financial hardship and have serious home repair issues that must be addressed. The loan will be forgiven after 5 years unless the owner sells and/or moves off the property. If the owner does move or sell, a percentage of the loan must be repaid. To qualify for the loan, borrowers must earn at or below 50% of the area median income.

For more information, contact:
HousingResource Center- Northwest
2148-44th Avenue North
Minneapolis, MN 55412
Phone: 612-588-3033
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Web: http://www.housingresourcecenter.org/



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“A few of the reasons I love Dayton’s Bluff: eagles building a nest in the tree across the street; the breathtaking views of downtown; immediate access to hiking and biking trails; two minutes to the Farmers Market; eclectic architecture; and engaged and involved neighbors.”

- Julie
Dayton’s Bluff (Mounds Park) neighborhood, Saint Paul

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Minneapolis and Saint Paul are ranked the #2 and #5 "Midsize Magnets" for 20-40 year olds. (Source: Next Cities-U.S., 2009-2010, Next Generation Consulting)

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