Sheridan Deferred Loan Program (Sheridan neighborhood)

Description: A 0% interest matching deferred loan for a maximum of $5,000 and a term of 5 years is available. The repayment of the loan is forgiven after 5 years unless the owner transfers ownership of the property. If the owner transfers ownership before 5 years, a percentage of the loan must be repaid. All owner-occupied properties including homesteaded single-family, duplex, triplex or four-plex residential properties are eligible for the program, and there is no income limits for participants. The funds can be used to improve the interior and exterior of the home.

For more information, contact:
HousingResource Center-Northeast
909 Main Street Northeast
Minneapolis, MN 55413
Phone: 612-378-7985
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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“I love the proximity to light rail, Lake Street and Minnehaha Falls. I am 15-20 minutes from anything in the Metro area. The homes are well cared for and the neighbors are active and very nice. I feel good about raising my family here.”

- Jeremy
Standish neighborhood, Minneapolis

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