Lakes and Pines CAC, Inc.

1700 Maple Ave E

Mora, MN, 55051

320-679-1800

800-832-6082

Minnesota Housing Finance Agency

Energy-Housing

How do I qualify?

•  You must own the property to be improved

    and it must be your principal place of residence.

•  Must meet income guidelines set by Minnesota Housing

•  You must be current with your mortgage payment and property taxes.

•  The net value of your assets can not exceed $25,000.

   (Excludes home, furnishings, and one vehicle)

•  Must carry home owner’s insurance on home

 

*Single-family homes, duplexes and manufactured housing taxed as real or personal property are eligible for this program.

 

Rehabilitation loan Program:  Offers financing to eligible households to make basic permanent repairs to their home which can also include making improvements for handicap accessibility.

The lien is forgiven if the family remains in the home for 20 years. If the house is sold or the family moves the amount of the repair loan must be repaid

The Lakes and Pines’ MHFA Programs serve consumers in Aitkin, Carlton, Isanti, Kanabec, Mille Lacs, and Pine counties.  [Chisago County HRA administers MHFA Programs within that county.]

* It is NOT the purpose of this web site to identify all eligibility requirements of the various programs, priority for program services or availability of funding to provide the service.