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Hale, Page, Diamond Lake Accessibility Deferred Loan (Hale, Page, Diamond Lake neighborhoods) PDF Print E-mail

Description: A 0% interest loan with a seven year loan term, a $7,500.00 maximum loan amount and a $2,000.00 minimum loan amount. If the accessibility need is a result from an injury while serving in the US Armed Forces, the loan maximum shall be $15,000.00. Income limit is 110% of the Area Median Income. Property must be owner-occupied and homesteaded. If the borrower retains ownership and continues to reside at the property until the seventh anniversary of the loan closing date, the loan will be 100% forgiven.

For more information, contact: 
HousingResource Center-Southside 
3749 Cedar Avenue South 
Minneapolis, MN 55407 
Phone: 612-722-7141 
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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“Sheridan in the Northeast Minneapolis Arts District has a delightful cluster of restaurants, galleries, and other night life along 13th Avenue. It’s close to downtown by bus and walkable to the river. An all-volunteer neighborhood group keeps us connected, with the SNO Ball, Ice Cream SNOcial and other fun gatherings.”

-Margo
Sheridan neighborhood, Minneapolis

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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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