Minnesota Housing Rehabilitation Pool Loan

Minnesota Housing Finance Agency

Available Home Repair

About This Program

Minnesota Housing Rehabilitation Pool Loan is available to homeowners in New Hope, MN.

Low-interest home improvement loans for households at or below 115% AMI. Offered through participating lenders with Minnesota Housing providing interest rate buy-down. Can be combined with first mortgage refinancing or as standalone improvement loan.

Below-market interest rate loan for major home improvements

Official source site checked live on 2026-06-22.

Data last verified 2026-06-09. How we verify our data.

In New Hope, MN, you can combine this program with other local help to cut your cost:

Key Details

  • Loan up to $150,000 at reduced interest rate
  • Income at or below 115% AMI
  • Can combine with mortgage refinance
  • Apply through participating lenders
  • Covers major home improvements and repairs

How to Apply

Get free help applying Visit Official Program Page Track this program

(651) 296-7608

A grant-savvy contractor in New Hope, MN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in New Hope early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • A written estimate from a licensed contractor for the work (many programs require this to apply).
  • A recent utility bill for the home (energy and weatherization programs use it to confirm service and usage).
  • Photos of the problem area or the work to be done.
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Rolling applications through participating lenders

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can Minnesota Housing Rehabilitation Pool Loan provide in New Hope, MN?

Loan up to $150,000.

Who qualifies for Minnesota Housing Rehabilitation Pool Loan in New Hope?

Minnesota Housing Rehabilitation Pool Loan is open to homeowners in New Hope, MN.

How do I apply for Minnesota Housing Rehabilitation Pool Loan in New Hope, MN?

Apply directly with Minnesota Housing Finance Agency using the official program link on this page or call (651) 296-7608. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Get matched with a pro, free Browse New Hope, MN contractors

Find More Programs in New Hope, MN

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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