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.

Income Limits

Household Size Income Limits
1 $52,850
2 $60,400
3 $67,950
4 $75,500
5 $81,550
6 $87,600
7 $93,650
8+ $99,700