Semcac offers 0 percent home rehabilitation loans
Thu, 02/20/2020 - 9:55am
Semcac, a community action agency serving southeastern Minnesota, has funds available through Minnesota Housing for housing rehabilitation loans for eligible homeowners in Goodhue, Wabasha and other counties.
This loan is a 0 percent interest rate loan (no monthly payments) with a 15-year term or a 10-year term for mobile/manufactured homes in a mobile home park.
Borrowers who meet the following requirements may be eligible to borrow up to $27,000 to complete improvements to their home: