Home Energy Loan Program
Administered by: Center for Energy and Environment
Quick Summary
Borrow up to $60,000 at rates starting as low as 6.25% APR for energy improvements to your 1-4 unit primary residence, with loan terms up to 20 years and no prepayment penalty. Solar, air source heat pumps, insulation, and heat pump water heaters have no income limits; other eligible improvements like furnaces, air conditioners, windows, and insulation have income limits based on your location (up to $172,100 or $152,000). Apply through the Center for Energy and Environment and bring one bid from a licensed contractor to get started.
AI-generated summary • Updated 7/12/2026
Program Details
- Program ID
- 1188
- Last Updated
- 7/29/2025
Eligibility
Program Summary
The Home Energy Loan Program is a statewide program of the Minnesota Housing Finance Agency administered by the Center for Energy and Environment Financial Resources. It offers low interest loans to homeowners who want to make energy improvements to their properties. Eligible improvements include water heaters, furnaces, air conditioners, building insulation, windows, and doors. Custom improvements may be eligible as determined by the program administrator. The property should be single-family (1-4 units) residential. Maximum qualifying income of $172,100 or $152,000, depending on where the home is located. Loans are secured through a mortgage on the property.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.