Lowry Hill East Multifamily Residential Loan

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The Lowry Hill East Neighborhood Association (LHENA) seeks to assist Multifamily property owners in the rehabilitation of existing multifamily properties.

The guidelines below are subject to change at any time without notice. Loan funds are subject to availability.

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612-335-5884   

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Hablamos Español: 612-335-5856

About the Loan

  • No maximum income limit.
  • Loan amounts up to $30,000.
  • Terms up to 10 years.

Property Eligibility

  • 2+ unit multifamily properties within the Lowry Hill East Neighborhood.
  • Loan approval is subject to credit and program guidelines.

Current Rates

Subject to change at any time. APR based on loan amount of $30,000. 

Rates starting at Term APR as low as Payment example
3% 5 years 3% $17.97
3% 10 years 3% $9.66

Calculate My Payments

Based on current rates. Qualifications apply.

Loan Details

  • 1:1 match required.
  • Most interior and exterior improvements eligible including accessory dwelling units.

The current loan terms and conditions stated, including interest rates, do not constitute a commitment to lend or an offer to enter into an agreement, and that such an offer may only be made pursuant to Minnesota Statutes, Section 47.206(3) and (4).

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Browse our other Lowry Hill East loan options.