| The City of Robbinsdale has facilitated three home improvement
programs for its residents. The Center for Energy and Environment, CEE, a local
non-profit organization, administers home improvement loans across the State of Minnesota.
The following are examples of programs available to Robbinsdale Residents: |
1) MHFA COMMUNITY FIX-UP FUND
Qualifications:
 Single family Cape Cod or Rambler style homes
built prior to 1970 Annual household income of $93,100 or less
All loans subject to credit approval |
|
General Terms: |
|
Maximum loan amount $35,000 |
|
Up to a 20 year term |
|
Interest rate of 6.25% |
|
Minimal closing costs |
| 2) MHFA FIX-UP FUND |
| Qualifications:
Owner-occupied property containing up to four dwelling units
Annual household
income of $93,100 or less
All loans subject to credit approval |
|
General Terms: |
|
Maximum loan amount $35,000 |
|
Up to a 20 year term |
|
Interest rate of 6.5% |
|
Minimal closing costs |
| 3) CEE HOME ENERGY LOAN
Qualifications:
Owner-occupied single-family homes
No maximum income limit
All loans subject to credit approval
Improvements must be energy related |
|
General Terms: |
|
Maximum loan amount $10,000 |
|
Up to a 5 year term |
|
Interest rate of 6.5% |
|
No closing cost |
|
| CEE provides you with skilled guidance in making decisions and
completing the necessary forms. For
more information contact:
Center for Energy and Environment
212 Third Avenue N, Suite 560
Minneapolis, MN 55401
(612) 335-5884, Fax: (612) 335-2650 |
