Minnesota Housing Rehabilitation Loan

Minnesota Housing Finance Agency

Available Home Repair

About This Program

Minnesota Housing Rehabilitation Loan is available to homeowners in Owatonna, MN.

Zero-percent interest rehabilitation loans for owner-occupied homes statewide through Minnesota Housing Finance Agency. Loans are deferred and forgivable after 10 years of compliance. Covers major repairs, accessibility improvements, and code compliance work.

0% interest loan, deferred payment, forgiven after 10 years of owner-occupancy

Verified against Minnesota Housing Finance Agency's official page on 2026-06-17.

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

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

Key Details

  • 0% interest loan up to $50,000
  • Deferred payment, forgiven after 10 years
  • Owner-occupied homes statewide
  • Income at or below 115% area median income
  • Covers major repairs and accessibility work

How to Apply

Get free help applying Visit Official Program Page Track this program

(651) 296-7608

A grant-savvy contractor in Owatonna, 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 Owatonna early keeps your application moving.

Get matched with a contractor

This program is usually a forgivable loan: you owe nothing if you stay in the home for the set period, but it may place a lien on the property until then.

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).
  • 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: Applications accepted year-round

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 Loan provide in Owatonna, MN?

Up to $50,000 loan (0% interest).

Who qualifies for Minnesota Housing Rehabilitation Loan in Owatonna?

Minnesota Housing Rehabilitation Loan is open to homeowners in Owatonna, MN.

How do I apply for Minnesota Housing Rehabilitation Loan in Owatonna, 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 Owatonna, MN contractors

Find More Programs in Owatonna, MN

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

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