City of Minnetonka Offers Home Repair, Purchasing Programs

In Blog, Community News, Real Estate on August 5, 2014 by Community Expert Team
City of Minnetonka Offers Home Repair, Purchasing Programs

The City of Minnetonka offers programs to help both homeowners and those looking to buy their first home.

For those looking to enhance their existing home, the Minnetonka Home Enhancement program offers up to $15,000 in loans for home repair, green improvements and some additions. Household income limits apply do apply, and there’s on a 1 percent interest rate.

And for first-time homebuyers in Minnetonka, the Welcome to Minnetonka first-time homebuyer program offers up to $10,000 for down payment and closing costs for first-time homebuyers. Again, household income limits do apply, and the interest rate is just 1 percent.

Pre-applications and program guidelines are available online or by calling 952-939-8285.

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This local update courtesy of your Minnetonka Community Expert.
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