Hawthorne: Home Improvement Programs

The Hawthorne Neighborhood Association has designated City of Minneapolis NRP dollars for purchasing and improving homes in the neighborhood. The guidelines below are subject to change at any time without notice. Loan funds are subject to availability. Please call us at 612-335-5884 for complete details.

Browse our statewide financing options. 

To ensure funding we need a signed and executed purchase agreement and the application must be submitted at least four weeks prior to closing.

Loan Terms

  • Loan amounts up to $10,000

  • 0%  APR 

  • Fixed interest rate 

  • No income limits

  • 10 year term, after which the loan is forgiven if the property has not been sold, transfered and is still owner-occupied

  • Funds may be used for down payment or closing costs

  • Prior to closing the homebuyer(s) MUST attend a Home Stretch workshop or other valid homebuyers course offered through an approved counseling agency by the US Department of Housing and Urban Development (HUD).

Property Eligibility

  • Owner-occupied residential structures

  • 1-4 unit properties located in the Hawthorne Neighborhood

  • Townhomes, condominiums, and properties held in a trust are eligible


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).