City of Duluth Launches Housing Rehabilitation Loan Programs
The city of Duluth, the Housing and Redevelopment Authority of Duluth and the United States Department of Housing and Urban Development have launched two modified housing rehabilitation loan programs, the city said in a press release on Wednesday.
The Healthy Homeowner Rehabilitation Program offers deferred interest-free loans of up to $ 30,000 to eligible homeowners for single-family home repair projects. Eligible projects include roof repair or replacement, window replacement, energy efficiency upgrades and more. Applicants must earn 80% of the region’s median income or less.
The Rental Rehabilitation Loan Program offers interest-free loans of up to $ 15,000 per rental unit and $ 10,000 per studio, and up to $ 30,000 for a single-family rental home for qualifying properties. To be eligible, units receiving program funds must be available at affordable rents to tenants earning 80% of the region’s median income or less.
The Town of Duluth Planning and Development Division has also launched a new housing webpage, the press release said.
Information on local, state and federal funding opportunities, general housing market information and new housing initiatives will be available under the “Housing” menu option at duluthmn.gov/planning-development.
To learn more, call the Duluth HRA at 218-529-6300 or visit duluthousing.com.