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.
| 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: |
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| 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.
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