COVID-19 has limited our travel plans and social interactions over the past year. With more time on our hands, many of us have finally began to catch up on home projects. Have you found that small weekend project turned into bigger effort than you anticipated? Elk River’s Housing and Redevelopment Authority is ready to help make your next improvement project that much easier, by offering low-interest loans for qualified improvements through the Housing Rehabilitation Loan Program.
This program assists owner-occupied single-family homeowners with financing to make improvements/repairs ranging from landscaping, siding, fences, garages, HVAC, flooring, additions, plumbing, basement finishes and so much more. There is no maximum income limit and loan amounts range from $5,000 to 25,000 with terms up to 15 years depending on loan amount.
To learn more, and to find out if you qualify, click here!