NENA is pleased to announce the relaunch of its very popular home loan programs through its new partner the Center for Energy and Environment (CEE). NENA is now offering two home improvement loan programs. Homes in the Keewaydin, Minnehaha, Morris Park and Wenonah neighborhoods are eligible. Loan applications are processed on a first-come first served basis.
Home Improvement Loans
Owners of one to four unit residences can apply for up to $15,000 to make improvements to their properties. Owner-occupants and investors may apply. Interest rate is either 3.5% or 4.5% depending on income. No income restriction applies.
Emergency Repair Loans
A limited amount of funds are available for emergency repairs. Only owner-occupied households are eligible. Income restrictions apply. The maximum loan amount is $7,500. The loan is 0% interest and there are no monthly payments. The loan is due in total on sale of the property or transfer of title.
More Information and How to Apply
For more information or to request an application, call the Center for Energy and Environment at (612) 335-5884, or visit the CEE website.