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Greetings,

We’re writing to provide you with an update on a Minnesota Housing loan program that you may be exploring with some of your clients.

Because of a federal funding delay, Minnesota Housing may soon pause the Energy Loan Plus program. Energy Loan Plus offers low-interest home improvement loans to eligible borrowers for energy-conservation related improvements. Minnesota Housing partners with Minnesota Department of Commerce to offer the program, which is partially funded by Federal Energy Efficiency Conservation Block Grant (EECBG) funds. Minnesota Department of Commerce is currently experiencing a delay in receiving reimbursements from the U.S. Department of Energy EECBG account, which impacts our ability to offer the Energy Loan Plus program. Please stay tuned for future announcements.

Other Fix Up loan options, including the secured and unsecured Energy Incentive loans, are not affected.

If you have questions, please contact us at mnhousing.solution@state.mn.us, 651.296.8215 or 800.710.8871

About Minnesota Housing

Minnesota Housing, the state’s housing finance agency, works to provide access to safe, stable and accessible housing Minnesotans can afford in a community of their choice. In 2024, we distributed $1.96 billion in resources and served 73,650 households. Visit our website to learn more.

www.mnhousing.gov

In connection with Single Family Division loan programs, Minnesota Housing is neither an originator of loans nor a creditor and is not affiliated with any Lender. To find out if you are eligible, or to apply for a loan, please contact a participating Lender.