Minnesota Fix-Up Fund

The Minnesota Fix-up Fund is a statewide program that offers loans at below market interest rates to homeowners. The fix-up fund was established to improve the basic livability and/or energy efficiency of the borrower's home. Eligible projects include interior or exterior improvements, general remodeling or maintenance items.

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) 335-5881 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.