Home Energy Loan Program

July 18, 2022


The Home Energy Loan Program is a statewide program of the Minnesota Housing Finance Agency administered by the Center for Energy and Environment Financial Resources. It offers low interest loans to homeowners who want to make energy improvements to their properties. Eligible improvements include water heaters, furnaces, air conditioners, building insulation, windows, and doors. Custom improvements may be eligible as determined by the program administrator.

The property should be single-family (1-4 units) residential. There is no maximum annual household income limit. Loans are secured through a mortgage on the property. 

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Minnesota
Incentive Type: Loan Program
Web Site: https://www.mncee.org/mhfa-home-energy-loan
Administrator: Center for Energy and Environment
Start Date:
Eligible Renewable/Other Technologies:
  • Geothermal Heat Pumps
  • Water Heaters
  • Lighting
  • Furnaces
  • Boilers
  • Air conditioners
  • Duct/Air sealing
  • Building Insulation
  • Windows
  • Doors
  • Custom/Others pending approval
Maximum Loan: $25,000
Loan Term: Up to a 240 month loan term
Interest Rate: Varies based on loan term, see website for details.


Name: Customer Services
Organization: Center for Energy and Environment
Address: 212 3rd Ave North
Minneapolis MN 55401
Phone: (612) 335-5858

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.