Three Rivers Community Action, Inc. administers the Rehabilitation Loan Program, which is funded by the Minnesota Housing Finance Agency, for Goodhue and Wabasha county homeowners.

Approved applicants can borrow up to $15,000.00 with an additional $5,000.00, if needed for lead paint or accessibility improvements, at zero percent interest. To be eligible, applicants have to meet the current household income limits and guidelines:

Current Household Income Limits
1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person
$16,500	$18,850	$21,200	$23,550	$25,450	$27,300	$29,200

Total household assets can not exceed $25,000.00 excluding their house and two contiguous plotted lots of platted land or 160 acres of un-platted land. To verify the assets of a self-employed individual a net worth statement is required. The statement would be for the purpose of obtaining financing or prepared and signed by an impartial third party.

The loans are to be used for basic and necessary improvements that make the home more livable, accessible and energy efficient. Improvements would include electrical wiring, plumbing, roofing, and heating; energy-saving improvements such as insulation and storm windows; improvements to meet the unique needs of disabled persons; improvements that will increase the property's compliance with applicable housing codes.

The loan balance becomes due and payable upon sale of property or after 30 years for houses, and for mobile homes the loan balance is discharged after 15 years.

For more information or to request a pre-application to be put on the waiting list:
Three Rivers Community Action, Inc.
Jane Vanderbosch
1414 North Star Drive
Zumbrota, MN 55992
1-800-277-8418 extension 113
www.mhfa.state.mn.us