Minnesota Housing Fix-Up Fund Offers More

With the help of federal stimulus funds, Minnesota Housing is offering rebates to homeowners that make energy saving updates in when they make home improvements using loans through the state's Fix-up Fund. Homeowners may receive an Energy Saver Rebate for 35% of the cost of eligible improvements financed with the Fix-up Fund loan, up to $10,000.

The Fix-Up Fund offers affordable, fixed-rate loans to eligible homeowners to make home improvements. The rebate program is designed to help homeowners with household income up to $96,500 improve home energy efficiency. Owner-occupied single family, condominium, duplex, triplex, or fourplex homes are eligible for the program.

Homeowners may be eligible for rebates by installing select energy-efficient furnaces, boilers, and central air conditioners, replacement exterior doors and windows, and light fixtures. Other improvements including wall and attic insulation in conjunction with attic air sealing and water heaters meeting certain conditions are also eligible improvements for the energy saver rebate.

These funds are first-come, first-served, so contact a participating lenders soon!

Interested homeowners can visit www.mnhousing.gov.

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