The Fridley Housing and Redevelopment Authority (HRA) provides a variety of housing rehabilitation programs to help Fridley residents maintain and improve their homes and apartments. The following is a summary of the programs available. All of the single- and multiple- family programs are administered under contract by the Center for Energy and Environment (CEE), a non-profit agency based in Minneapolis.

View the Planbook (13 MB) for Cape Cod and rambler remodeling ideas. View the Fridley Remodeling Handbook (3.5 MB).

Single Family Housing Programs

Revolving Loan Fund
This program offers loans up to $35,000 at 5%*. Maximum repayment term is 20 years. The program is available to any homeowner with an annual income of less than 115% of the AMI. For details on these income restrictions go to www.mncee.org. Some credit restrictions also apply. Loans can be used to improve owner-occupied properties with up to four units and are funded through the Fridley HRA. Other CEE programs can also be used in conjunction with this program.

Download the application form at www.mncee.org/pdf/loans/fridleyapp.pdf. You will need Adobe Reader to view this form.

Minnesota Fix-Up Fund
This program offers loans up to $35,000 at 6.25%*. The maximum repayment term is 20 years. Income limit is $96,500 per household. To learn more about this program, which is funded through the Minnesota Housing Finance Agency, go to the Fridley page on the CEE website at www.mncee.org.

Home Improvement Grants
For low-income homeowners who are unable to qualify for a regular home improvement loan, this program provides up to $15,000 in assistance. The funds are provided in the form of a deferred-payment loan which is reduced by 10 percent each year for 5 years. At the end of 5 years, the remaining balance must be repaid whenever the home is sold. To qualify, applicants must meet certain income guidelines which are based on household size and have less than $25,000 in assets. Funded through the Community Development Block Grant (CDBG) and HOME programs.

Rental Property Housing Rehabilitation Loans

This program provides loans up to $10,000 per unit (max. $100,000 per structure) for improvements made to rental property. A 6%* interest rate is charged to owners and the maximum repayment term is 15 years. Applicants must meet additional underwriting criteria. To learn more about this program, which is funded by the Minnesota Housing Finance Agency, see the MHFA web site.

*Interest rates are subject to change. Please contact the Center for Energy and Environment for current interest rates.

Who To Contact

Center for Energy and Environment (CEE)
212 Third Avenue North
Minneapolis, MN 55401
Fax Line: 612-335-2650

Loan Officer: Jim Hasnik, (612) 335-5885
Or, go to www.mncee.org

Housing Replacement Program

The Housing Replacement Program was established in 1995, through special legislation, for the purpose of revitalizing neighborhoods by removing older, substandard housing stock and replacing it with new housing. The program expired in 2004. The city and the HRA are currently seeking to reenact the special legislation.

The substandard homes are acquired on a voluntary basis, torn down and the vacant lots are sold to home builders. Since initial efforts began in 1993, a total of 27 properties have been acquired and 17 new homes have been built or are underway. As a way of recouping some of the project costs, the Fridley Housing and Redevelopment Authority (HRA) can collect the increased taxes generated by the new home for 15 years. From time to time the HRA has lots available for sale; inquiries should be directed to the HRA Assistant Executive Director at (763) 572-3591.

Remodeling Advisor

This is a free service available to all Fridley homeowners. The program offers advice and other information on various home improvement topics. In addition, the Home Remodeling Advisor can provide referrals to other important resources such as home improvement financing, building code and zoning issues and methods of selecting a contractor. To schedule your appointment call 612-335-5856.

Programs From Other Agencies

Anoka County Energy Efficiency Loan
Are energy bills emptying your wallet? You may be eligible for the Anoka County Energy Program, which replaces older heating systems with highly efficient Energy Star-rated systems. Eligible improvements include furnaces, boiler systems, water heaters, insulation and programmable thermostats. Call 651-486-7401 for details.