Find grants, rebates, forgivable loans, and free programs for Faribault, MN, filtered to your situation.
As of June 2026, 25 home improvement grant, rebate, and forgivable loan programs are open to homeowners in Faribault, MN, with individual awards up to $126,526. 5 programs target seniors, 3 serve veterans, and 12 require no income limit.
Data last verified 2026-06-09. How we verify our data.
| Funding type | Programs | Repaid? | Best for |
|---|---|---|---|
| Grants | 15 | Never repaid | Income-qualified homeowners |
| Forgivable loans | 4 | Forgiven after a residency period | Larger repairs with no money down |
| Rebates | 4 | Refunded to you after purchase | Energy-efficiency upgrades |
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HMGP provides funding after a presidentially declared disaster to help communities reduce future disaster losses. Homeow...
ICC coverage is built into every National Flood Insurance Program (NFIP) policy and pays up to $30,000 to help bring a s...
HUD funds state, county, and city governments to identify and fix lead-based paint hazards and other health hazards (mol...
EPA's WIIN Act grants and the Drinking Water State Revolving Fund (DWSRF) fund lead service line replacement programs in...
CDBG-funded forgivable loan program for major home repairs and rehabilitation for income-qualified owner-occupied homes ...
Emergency grant for urgent health and safety repairs for very low-income homeowners in Faribault. Covers immediate threa...
Provides grants for accessibility modifications to help residents with disabilities remain safely in their homes. Covers...
Federally-funded weatherization program administered by the state of Minnesota to reduce energy costs for low-income hou...
Minnesota Housing-funded rehabilitation loan for major home repairs. Low-interest deferred loan for income-qualified hom...
State-funded lead hazard control program for homes built before 1978 with children under age 6. Provides free lead testi...
Xcel Energy rebates for home energy efficiency upgrades including insulation, air sealing, water heaters, and HVAC impro...
Rebates for installing qualifying electric air-source or ground-source heat pumps. Stackable with federal tax credits. A...
Rebates for purchasing and installing Level 2 electric vehicle chargers at homes in Xcel Energy service territory. Inclu...
Upfront incentive payment for installing solar panels on your home. Combines with federal 30% Investment Tax Credit. Ava...
Low-interest loans and grants for very low-income homeowners in rural areas to repair, improve, or modernize homes or re...
Grant for veterans with certain service-connected disabilities to build, remodel, or purchase an adapted home. Covers wh...
Grant for veterans with certain service-connected disabilities to adapt a home for independent living. Covers accessibil...
Low-interest loan program for Rice County property owners to repair or replace failing septic systems. Available to all ...
Federal HOME Investment Partnership funds for home rehabilitation administered by Minnesota Housing. Provides grants or ...
Assistance program for Rice County seniors to make minor home modifications and repairs to allow safe aging in place. Pr...
State-funded rehabilitation assistance for moderate-income homeowners. May include deferred or forgivable loans dependin...
Natural gas efficiency rebates for CenterPoint Energy customers. Covers high-efficiency furnaces, boilers, water heaters...
State property tax refund for Minnesota homeowners and renters whose property taxes are high relative to their income. A...
Allows qualifying seniors age 65+ to defer payment of property taxes. The state pays the taxes, which become a lien on t...
Minnesota property tax exclusion for veterans with 70%+ service-connected disability rating. Excludes up to $300,000 of ...
Many of these programs can be combined. For example, you can use a city repair grant for the work, a utility rebate for the energy savings, and a federal tax credit on top, all for the same project.
Pick a project to see how much funding could stack on it from multiple programs in this city.
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25 programs are currently listed for Faribault, including FEMA Hazard Mitigation Grant Program (HMGP), FEMA Increased Cost of Compliance (ICC) Coverage, HUD Lead Hazard Control & Healthy Homes.
Grants do not have to be repaid. Forgivable loans are forgiven over a residency period, and rebates refund your money after the purchase. In Faribault, 15 programs do not require repayment, 4 are forgivable loans, and 4 are rebates.
Every program listing carries the official application link and phone number for the administering agency. Homeowners apply directly with that agency; there is no middleman and no fee.