Community Planning & Economic Development

Phone: (612) 673-5095
Contact Us

Resident Resources

Foreclosure and Predatory Lending

  • Foreclosure PreventionThe City of Minneapolis partners with Minnesota Homeownership Center to provide counseling services to Minneapolis residents through its network of service providers.
  • The Don’t Borrow Trouble campaign is a public education initiative aimed at stopping predatory lending practices in the Metro Area.

Home Improvement

  • The Rehab Support Program provides a matching loan of up to $20,000 for homeowners or home buyers with incomes up to $96,600 for new remodeling/rehab projects.
  • Code Abatement Loan Program assists low-income homeowners who have been required to make repairs on their properties, by the City’s Department of Inspections, in order to resolve code violations. The loan is repaid at the time the house is sold.
  • Home Repair Loans at 1 percent interest to complete City of Minneapolis code repairs are available from the City of up to $25,000.
  • The Community Energy Services program is a full-service, one-stop residential energy efficiency program designed to help Minneapolis homeowners save energy, money and prepare their homes for winter.
  • In partnership with the City of Minneapolis, Xcel Energy®showcases a variety of energy conservation programs available from Xcel Energy® designed to help Minneapolis residents meet their environmental goals and incorporate energy efficiency and conservation in their home to lower utility bills.

Additional Resources

Home Ownership

CPED strengthens neighborhoods and builds sustainable communities by creating affordable home ownership opportunities across Minneapolis.

Mortgage Financing

Following are programs and home ownership tools available to residents of Minneapolis:

  • Minneapolis Houses for Heroes a down payment and closing cost assistance program to provide active military or veterans with affordable homeownership opportunities in Minneapolis.
  • The Homeownership Works Program (HOW) uses federal funds to provide homeownership opportunities for low-income (at or below 80% of area median income) first-time homebuyers. The program also comes with affordability assistance on an as-needed basis.
  • Created by the Metropolitan Consortium of Community Developers (MCCD), OwnaHomeMN.org is a one-stop-shop to connect potential homebuyers with quality, affordable homes and the resources needed to achieve and sustain successful homeownership.

Rental Resources

 

 

Last updated Jun 30, 2014