Deferred Loan Program
Do you have a home maintenance project that needs to get done to make your home safer or healthier? The Deferred Loan program can help you pay for this necessary work through a loan program that offers several benefits:
- Loans up to $30,000
- For owner-occupied, single family homes
- Income limits apply (see table below)
- No monthly payments
- No interest
- The loan is due upon sale of the home or is forgiven after 30 years.
Contact the Deferred Loan Program team at Hennepin County at 612-543-4182 for more information.
Household Size | 80% AMI |
1 person | $68,500 |
2 person | $78,250 |
3 person | $88,050 |
4 person | $97,800 |
5 person | $105,650 |
6 person | $113,450 |
7 person | $121,300 |
Income limits effective as of April, 2024.