CDA Home Improvement Loan Program

The CDA’s Home Improvement Loan Program assists low- and moderate-income homeowners with making repairs and improvements to their homes, such as roof replacements, furnace replacements, electrical and plumbing repairs, and more. 

Features of this loan include:

• Zero Percent Interest
• No monthly payment 
• Repayable when ownership changes or you move from the property. You may be required to repay the loan if you refinance your home or take out a home equity loan.
• $15,000 loan minimum; $25,000 loan limit

Common projects include:

• Furnace replacement
• Electrical and plumbing repairs
• Insulation
• Improvements for special needs, such as ramps, bathroom or kitchen modifications

Do I qualify?

Eligible applicants must:

• Own their home
• Have sufficient equity in the property
• Have a satisfactory credit history
• Have a gross annual income with the program income limits (listed below).

If you have questions about this home improvement loan, you can contact the Housing Rehab Coordinator at 651-675-4465. 

To learn more about or apply for this loan, please visit the Dakota County CDA’s Home Improvement Loan Page.