In partnership with In partnership with NHS and NRRC, we provide affordable home repair financing for seniors.

A carpenter uses a miter saw.

Home Improvement Program for Seniors

**There are currently no funds available in this program at this time. Please contact us to find out if you may be eligible for other home improvement financing programs.

NeighborWorks Home Partners is partnering with Neighborhood Housing Services of Minneapolis (NHS) and the Northside Residents Redevelopment Council (NRRC) to administer programs for home improvement in the NRRC Zone of Near North and Willard Hay (NNWH) neighborhoods.  One of these programs provides affordable home improvement and repair financing for residents age 55 and older.

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Program Guidelines

Age Requirement: 55 years of age or older. If co-borrowers, one borrower must be age 55 or older.

Loan Amount: Loan Minimum $3,000; Loan Maximum of $5,000.

Interest Rate & Loan Term: 0%. The loan will be 100% forgiven after seven (7) years of continued occupancy and ownership from the date of loan closing.

Loan Security: All loans will be secured by a mortgage in favor of the City of Minneapolis.

Borrower Eligibility:

  • Debt to Income Limit: N/A
  • Loan To Value: N/A
  • Credit: Borrowers must be current on housing payments, homeowners insurance and property tax payments.
  • Income Limit: No maximum income limit.
  • Multiple Loans Per Property: Layering of loans between NNWH programs is eligible; however, any given time, an individual or property may only have one active loan from each NNWH loan program.

Property Eligibility:

  • 1-2 unit dwellings, owner-occupied (at time of application) and located in the Near North / Willard Hay neighborhood.
  • Owners of condominiums or townhomes are eligible for interior work only.
  • Condominium and townhome association are not eligible.

Eligible Improvements: The proceeds of a loan under this program will be used to finance permanent improvements which:

  • Improve the basic livability or energy efficiency of the property, including:
    – Structural additions;
    – Alterations;
    – Renovations and repairs; or
  • Bring a property into compliance with state, county, municipal health, housing, building, fire, and housing maintenance codes or other public standards applicable to housing, including:
    – Replacement of a well; and
    – A septic system upgrade or replacement.
  • Repairs of any City of Minneapolis written code violations are also eligible.

Ineligible Improvements: Work initiated prior to the loan being approved and closed. No recreation or luxury projects (pools, lawn sprinkler systems, playground equipment, saunas, whirlpools, etc.), furniture, skylights, and appliances. Funds for working capital, debt service or refinancing existing debts are NOT allowed. NWHP will refer to NHS/NNRC whenever eligibility of an improvement project is questionable.


Application ProcessApplications for financing will be processed on a first-come first-served basis until all funds are committed. Northside Resident Redevelopment Council (NRRC) staff and board members are eligible to apply sixty (60) days following the announced application start date.  

Bidding:  The Borrower must provide a minimum of 3 bids. All contractors must be properly licensed.  Permits must be obtained when required by City ordinance.

Rehabilitation Management:  The NHS rehab advisor will provide advice on proposed work and assist with the bidding process.

Loan Costs:  Fees associated with loan origination and closing may be included in the loan amount and paid at closing, including all filing fees, related closing costs, loan servicing costs and mortgage subordination review (if any).

Contractors & Permits:  Contractors must be properly licensed by the state of Minnesota when required.  Permits must be obtained when required by city code.

Total Project Cost:  It is the borrower’s responsibility to obtain the amount of funds necessary to finance the entire cost of the work.

Custody of Funds:  NHS will act as the “construction escrow agent” and will disburse contractor/construction pay outs upon completion and inspection.

Work Completion:  Weather permitting; all work items must be completed within six (6) months of loan closing. Any extensions will be reviewed on a case-by-case basis by NHS. NHS will provide rehabilitation management services during construction.

Disbursement Process:  Payment to the contractor will be made after completion of the work, an inspection by the City Department of Inspections (if required by permit) and NHS. The following items must be received before the funds can be released:

  • Original invoice(s) from contractor(s)
  • Completion certificate(s) signed by the borrower and the contractor
  • Evidence of City permits and clearance of such permit(s)
  • Evidence of NHS inspection
  • Lien Waivers(s)


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NeighborWorks Home Partners

NeighborWorks Home Partners’ mission is empowering individuals and communities by helping people buy, fix and keep their homes. Learn more.

651-292-8710 | Staff Directory
Main Office:
533 Dale Street N.
Saint Paul, MN 55103

Minneapolis Office:
1930 Glenwood Avenue
Minneapolis, MN 55405

EIN 41-1386089

An Affirmative Action, Equal Opportunity Employer

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