Minneapolis Real Estate Blog

Eligible Improvements
Eligible improvements include repairs necessary to make your home a safer, more energy efficient place to live. This may include new roofs, siding, windows, electrical, plumbing, heating, and insulation. Other repairs may also be eligible.

Funding cannot be used for cosmetic remodeling, or to refinance any existing debt or previous rehab work.

Qualification Requirements

• You must be a resident of Plymouth and own your home.
• You must be current on mortgage payments, deed payments, property taxes and home owners association dues (if applicable).
• Your current annual gross income must not exceed the income limits* set for the program. (Pensions, Social Security, disability, and other regular payments are considered part of regular income.)

*$32,950 for a one person household
*$37,700 for a two person household
*$42,400 for a three person household
*$47,100 for a four person household
*$50,900 for a five person household
*$54,650 for a six person household
*$58,400 for a seven person household
*$62,150 for a eight person household
Call 763-509-5410 with any questions

Terms of the Loan
A “deferred” loan means that the total amount of funds you receive for your home improvements are repaid to the HRA only if you move, transfer your title or change the title to your property. No interest accrues on the loan and there are no monthly payments. The amount of the deferred loan depends on the cost of eligible improvements. The maximum loan amount is $20,000. Additional funds are available for accessibility improvements to your home for disabled household members.

Repayment
You must be willing to sign a repayment agreement with the Plymouth HRA that will require you to repay a portion or all of the loan amount (without interest) should you move from your house in the next 20 years. A decreasing portion of it would have to be repaid if you sell or move after 10 years, but before 20 years. If you do not move or sell your house in 20 years, you will not have to repay any portion of the loan.

How Do I Start?

1. Complete an application and provide proof of eligibility.
2. Meet with the HRA staff to review the program.
3. After you are approved for the program, your home will be inspected by a certified City of Plymouth inspector to determine what work is needed. Eligible improvements will then be prioritized. Priorities are:
   - Health and Safety Hazards: This may include correcting or replacing faulty or inadequate plumbing, electric wiring, or malfunctioning/aged furnaces.
   - Energy Improvements: This may include installing insulation, storm windows, storm doors, weather-stripping and caulking.
4. Obtain at least two quotes for the work from qualified contractors. In most cases, the lowest bid is selected.
5. Final inspections will be made on all work as well as some interim inspections, if necessary. Payment will be made directly to the contractor.

Please call the Plymouth Housing Division at the phone number below for current requirements and an application. Office hours are 8 a.m. 4:30 p.m. on Mondays, Wednesdays, Thursdays and Fridays, and 8 a.m. - 6 p.m. on Tuesdays.

Housing Division
City of Plymouth
3400 Plymouth Blvd.
Plymouth, MN 55447-1482
763-509-5410
Fax: 763-509-5407
housing@ci.plymouth.mn.us