Fix-Up Loan

July 20, 2022


The Minnesota Housing Finance Agency's (MHFA) Fix-up Loan provides low-interest financing for energy conservation and other basic improvements to residential properties. A higher loan amount may be available for improvements that enhance the accessibility of the home for a disabled family member. Loans are available for up to $25,000. To be eligible for the loan, the home must be occupied by the property owner. 

Another key feature of the MHFA home improvement loan program is the opportunity for homeowners to contract with approved lenders directly. Find a participating lender at this link.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Minnesota
Incentive Type: Loan Program
Web Site:
Administrator: Minnesota Housing Finance Agency
Start Date:
Eligible Renewable/Other Technologies:
  • Solar Thermal Electric
  • Solar Photovoltaics
  • Wind (All)
  • Water Heaters
  • Lighting
  • Furnaces
  • Boilers
  • Air conditioners
  • Programmable Thermostats
  • Caulking/Weather-stripping
  • Building Insulation
  • Windows
  • Doors
  • Roofs
  • Comprehensive Measures/Whole Building
  • Insulation
  • Wind (Small)
  • Other Distributed Generation Technologies
Maximum Loan: $25,000. Applicants may be eligible for higher loan and term amounts depending on income
Loan Term: Property must be owner-occupied
Loan repayment terms: 10 - 20 years
Interest Rate: Interest rate of 4.99%


Name: Public Services
Organization: Minnesota Housing Finance Agency
Address: 400 Sibley Street, #300
St. Paul MN 55101
Phone: (800) 710-8871

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.