Program details
Sponsored by the Northfield Housing & Redevelopment Authority (HRA) and Dakota County Community Development Agency (CDA), the Home Matters Program will provide up to $10,000 in assistance to income qualified homeowners for certain home repairs.
Qualified improvements or repairs
- Roof and gutter replacement
- Foundation repairs
- HVAC systems (heating/AC)
- Electrical
- Plumbing
Assistance
Financial assistance up to $10,000 may be provided to assist with qualified improvements or repairs for income eligible homeowners. This assistance is in the form of a zero percent interest, deferred loan which may be forgivable after 5 years of continued home ownership.
Total project cost | Homeowner's contribution |
---|
$1 to $5,000 | 50% of total project costs |
$5,000 or more | 33% of the total project costs |
Total loan/grant not to exceed $10,000 per property/family.
Homeowner contribution may be in the form of a Minnesota Housing Finance Agency Fix-Up loan or similar program.
Eligibility
Income eligible households must be at or below 80% of the area median income. The amount of award is dependent on total cost of the project and owner's financial contribution.
All borrowers must be below the household income guidelines identified on the table.