Housing and Redevelopment Authority of Wadena
Home Repair Financial Assistance
222 2nd St SE, Wadena, MN, 56482-1569
Distance: 631 Miles
Loan program to homeowners for routine home maintenance, emergency repairs, or accessibility improvements.
Participants must meet income and other eligibility requirements.
Offers low interest home improvement loans to low income single and family persons living in the City of Wadena. These loans are on a first come, first served basis as funds are available.
Funds may also be available to landlords having property in the City of Wadena that are in need of repairs to their rental properties.
Please contact the Wadena Housing Authority for more information or to get an application for a loan.
8:00am - 4:30pm, Monday - Friday
City of Wadena
|Toll Free||(888) 893-9472|
This provider does not offer this service at other locations.
Other Services or resources
Taxonomy Terms Used: Clicking a taxonomy term from the list below launches a new search.
BH-3000.3540Home Barrier Removal Loans Definition
Programs that provide loans to qualified people with disabilities who want to install ramps or elevators, widen doorways, install grab bars in showers and bathrooms, lower kitchen and other cabinets or make other modifications in their homes in order to make them more accessible.
BH-3000.3550-360Home Rehabilitation Loans Definition
Programs that provide loans for income-eligible people who want to repair or modify their homes or mobile homes to make them energy-efficient, attractive, safe and free of health hazards; or which help eligible individuals find loans for this purpose. Most loan programs cover major repairs, system upgrades and replacements (e.g., plumbing, heating or electrical systems) but not minor repairs. Included are conventional home rehabilitation loans, deferred loans (in which payments are deferred until the home is sold) and forgivable loans (in which all or a part of the loan is forgiven if the borrower resides in the home for a specified period of time). The forgiven part of a forgivable loan amounts to a contingent grant. If the borrower sells the home prior to the specified time period, all or part of the loan is due. A common variation is to have portions of the loan forgiven gradually over a period of years.
YL-3300.4500Low Income Definition
Individuals or families whose annual income is between 150 and 200% of poverty level for their family size.