Minnesota HOME Rental Rehabilitation Program

Minnesota Housing Finance Agency (HOME)

Available Home Repair

About This Program

Federal HOME funds for rehabilitation of rental properties in exchange for rent and income restrictions. Owner must agree to rent units to households at or below 60% AMI for a minimum 5-15 year affordability period. Covers major repairs, lead hazard control, and accessibility improvements.

Loan or grant per unit; requires long-term affordability restrictions on rents

Key Details

  • Up to $50,000 per rental unit
  • Requires rent and income restrictions
  • 5-15 year affordability period
  • Covers major repairs and lead abatement
  • Administered through local grantees

How to Apply

A grant-savvy contractor in Owatonna, MN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing, administered by local grantees

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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