Apply now—Eligible homeowners can borrow $20,000 – 25,000 for home improvements to be repaid when the owner moves or sells the house
Other qualifications:
• Income – based on family size – limit for 2 person household $53,050
• Property – older than 15 years
• Code required repairs must be completed and lead paint hazards must be addressed as part of the project
• Mobile homes are ineligible
Applications processed on first come/first served basis. The wait time for your project could range from 6-18 months. For more details, application, and income limits, visit
cityofmoorhead.com and [Residents/Housing], or call 218.299.5375.
Other Home Improvement Resources
City of Moorhead Neighborhood Impact Program (NIP): Gate City Bank offers loan resources for this program. Borrow up to $75,000, 3.96% APR for 10 year term and 4.25% APR for 15 year-term. Code deficiencies and major improvements must be addressed in order for the property to qualify and borrowers must meet the credit criteria of Gate City Bank. For more details, visit
cityofmoorhead.com and [Residents/Housing/Home Improvement] or call 218.299.5434.
Clay County Housing & Redevelopment Authority Rehabilitation Loans: Borrow up to $27,000, no monthly payments, 0% interest, and forgivable after 15 years. Income limits apply (e.g. max. income for two person household is $20,600). Visit
claycohra.com or call 218.233.8883.
Accessibility Ramps: Temporary and permanent ramps are available to households that have a household member with mobility impairment. Incomes limits apply (for a two person household is $53,050), but there is no cost to eligible households. A partnership with Freedom Resource Center (FRC) and the City of Moorhead’s Community Development Block Grant (CDBG) funds, will construct permanent ramps. Temporary aluminum ramps are also available for use until a permanent ramp can be installed if needed. The property must be the primary residence of the applicant and a rental unit can be improved with written permission from the property owner. Call 701.478.0459.
Minnesota Housing Finance Agency’s Minnesota Fix Up Fund: Borrow up to $50,000, 4.50-5.875% interest, and a 5, 10, 15 or 20 year term. Income limits apply (no income limits for energy and accessibility improvements); maximum household income limit is $125,900. For more details, visit
mnhousing.gov.
