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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.