The Roseville Economic Development Authority offers the following programs for home improvement financing:
Last Resort/Emergency Deferred Loan Program
This program provides up to $10,000 in an emergency to repair issues that make a home uninhabitable, dangerous, or are contributing to severe health problems. This loan has a 0% interest rate and is deferred, with repayment occurring at the time of future sale.
Manufactured Home Improvement Program
This provides up to $10,000 for interior or exterior improvements to manufactured homes. The loan is repaid over 10 years at a 4% interest rate.
Roseville Home Improvement Loan
Loans of up to $40,000 for interior or exterior improvements for single family homes and interior improvements for condominium and townhomes. The loan is repaid over 10 years at a 4% interest rate.
Senior Deferred Loan Program
Provides up to $25,000 for interior and exterior improvements to a home. The loan includes a 0% interest rate, with repayment deferred until the time of future sale.
If you are interested in any of these programs, or to obtain additional information, visit the Lending Center or call them 612-335-5884.