Fix-Up Loan

MN Loan Program residential multifamily residential low income residential

Administered by: Minnesota Housing Finance Agency

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Quick Summary

The Fix-Up Loan provides low-interest financing up to $75,000 with fixed rates and repayment terms up to 20 years to help you finance energy improvements like insulation, windows, water heaters, furnaces, and air conditioning, as well as other home repairs. You must own and occupy the property, meet income limits and a minimum credit score, and can work with an approved lender from the Minnesota Housing Lender Directory to apply. There is no down payment required, no prepayment penalty, and you can finance projects already started or completed within the past 120 days.

AI-generated summary • Updated 7/12/2026

Program Details

Program ID
4366
Last Updated
7/29/2025

Eligibility

Eligible Sectors
residential multifamily residential low income residential
Eligible Technologies
solar thermal electric solar photovoltaics wind (all) wind (small) other distributed generation technologies water heaters lighting furnaces boilers air conditioners programmable thermostats caulking/weather-stripping building insulation windows doors roofs comprehensive measures/whole building insulation

Program Summary

The Minnesota Housing Finance Agency's (MHFA) Fix-up Loan provides low-interest financing for energy conservation and other basic improvements to residential properties. Loans are available for up to $75,000. To be eligible for the loan, the home must be occupied by the property owner. Another key feature of the MHFA home improvement loan program is the opportunity for homeowners to contract with approved lenders directly. Find a participating lender at this link.

Contact & Resources

Contact Email
[email protected]

Please verify current program details with the administering agency before making any financial decisions.

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