Windom: Home Improvement Loan Programs

The Windom Community Council (WCC) is making available NRP funds that have been designated for home improvements in the Windom Neighborhood. The intent of the Windom Housing Programs is to help residents improve their property and maintain the housing stock in the Windom neighborhood.
Loan Terms

  • Loan amounts from $2,000 - $15,000

  • 2% - 4% APR determined by household income and family size

  • ‚ÄčNo income limit

  • Fixed interest rate 

  • Terms up to 10 years

  • This loan is secured by the property

Property Eligibility

  • 1-4 unit residential properties located in the Windom neighborhood

  • Can be owner or non-owner ocupied

Types of Improvements

  • Eligible improvements include: most permanent exterior improvements, energy efficiency upgrades, major mechanical, code violation corrections and interior projects that increase the square footage (but not the footprint).

  • For do-it-yourself projects, a materials list including prices is required. The cost for labor and equipment purchase or rental may not be included in the loan. 

  • Funds are held in a non-interest bearing escrow account at CEE from loan closing until the work is completed and all final documentation is received. 


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).