Minneapolis Energy Efficiency Loan

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The City of Minneapolis is offering a 0% APR loan to help residents improve the energy efficiency of their homes.

To qualify, the borrower must have received a Home Energy Squad visit within the last 3 years. 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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About the Loan

  • 0% APR.
  • No income limit.
  • Loan amounts up to $20,000. 
  • Terms up to 10 years.
  • No down payment required. 

Property Eligibility

  • 1-4 unit, owner-occupied or absentee-owned residential properties located in the City of Minneapolis.
  • Properties under construction, greater than 4 units, co-operatives, or used for commercial purposes are not eligible. 
  • Loan approval is subject to credit and program guidelines.
  • The borrower must have received a Home Energy Squad visit within the last 3 years. 

Current Rates

Subject to change at any time. APR based on loan amount of $20,000. 

Rates starting at Term APR as low as Payment example
0% 5 years 0% $nan
0% 10 years 0% $nan

Calculate My Payments

Based on current rates. Qualifications apply.

Loan Details

  • 0% APR.
  • Loan amount determined by the ability to repay and credit score.
  • No closing costs. 
  • Term determined by loan amount.
  • Attic Air Sealing: Attic air sealing is a prerequisite for attic insulation loan eligibility.
  • Attic Insulation: Attic insulation must be combined with attic air sealing for loan eligibility. Final insulation R-Value must be greater than or equal to R-50 when attic space allows.
  • Wall Insulation: All external wall cavities must be filled with insulation.
  • Cooling Systems: Only split systems and air source heat pumps with SEER >= 15, EER >= 12.5.
  • ​Heating Systems: Only air source heat pump with >= 10 HSPF and COP (coefficient of performance) at 5degrees F >1.75 (at max capacity operation).
  • Solar: This improvement is eligible if there are no recommendations at an HES visit, or after all recommendations have been completed.
  • Heat Pump Electric Water Heaters.
  • Health and Safety issues addressed when performing any of the work items above; system replacement due to combustion safety, radon and asbestos mitigation, knob and tube wiring and ventilation.
  • 1 bid is required by a properly licensed contractor.

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 Minneapolis loans.