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Community
Fix-Up Fund
The Community Fix-Up Fund offers a slightly lower interest rate
to homeowners based upon the geographic location of their property
and
provides
funding for virtually any type
of home improvement.
Community Fix-Up
Loan Application -
Complete the application and send it to CEE Financial Resources at
212 3rd Avenue North, Suite 560, Minneapolis, MN 55401.
Contractor
Warranty - Once you have selected your contractors
have them sign the contractor warranty and send it to CEE
Financial Resources at 212 3rd Avenue North, Suite 560,
Minneapolis, MN 55401.
Loan Terms
- Maximum loan amount is $35,000
- Call (612) 335-5885 for the current interest
rate
- Maximum term 20 years
- All loans will be secured by a mortgage
Eligible Borrowers
- Gross annual household income of $93,100 or less
- Borrowers must own the property or be purchasing it through a
mortgage or contract for deed
Proof of Income
- If you are employed submit copys of your two most recent
paystubs.
- If you are retired submit a copy of your social
security benefits or pension.
- If you are self-employed submit copies Federal
Tax Returns for the last 2 years.
Eligible Improvements
- Most improvements are eligible, interior or exterior maintenance
or remodeling.
- Applicants must provide bids for each improvement
project.
- If you are uncertain about the eligibility of your improvement
contact CEE Financial Resources at (612) 335-5885.
Eligible Structures
- Owner-occupied, 1-4 unit properties
- Up to 49% of the residence may be used for business
- Property must be a completed structure
Contact Jim
Hasnik at
(612) 335-5885 for more information.
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