Residential Assistance Programs

Loans & Financing

CEEThe Center for Energy and Environment (CEE) offers a convenient one-stop service that provides residential, commercial/non-profit and rental property owners in New Hope access to a comprehensive array of financing and rehabilitation services.

  • Emergency Deferred Loan
    Deferred loan designed specifically for homeowners that have emergency improvement needs but do not qualify for other home improvement loan or grant programs.
  • Low Interest Loan Program
    Revolving loans to help New Hope homeowners make improvements to their properties.
  • Home Improvement Loan Program
    A statewide program that offers loans at below market interest rates to homeowners. The program was established to improve the basic livability and/or energy efficiency of the borrower's home. Eligible projects include interior or exterior improvements.
  • Home Energy Loan Program
    Low interest home energy loans for Minnesota homeowners to make energy improvements in their homes.
  • Unsecured Loan Program
    Statewide program that was established to encourage and support the preservation of existing housing.
  • Solar Financing
    Low interest loans for Minnesota homeowners to increase the energy efficiency of their homes using photovoltaic (PV) solar technology.

Hennepin County offers deferred loans for repairs that address basic safety, maintenance, and health concerns, as well as home improvements.

  • Home Rehab Program
    Deferred loans offered at 0% interest and deferred until the sale of the home, or forgiven after 15 years. Household income limits apply.

Home Energy Squad Program
Home Energy SquadThe city partners with the Center for Energy and Environment (CEE) to help residents save energy and money on utility bills through Home Energy Squad Enhanced visits. The CEE's team of trusted energy consultants will visit homes in New Hope, evaluate energy savings opportunities, and install energy-efficient materials. The Home Energy Squad Enhanced visit also qualifies homeowners for CEE's 2.99% Energy Financing. The city buys down the cost of the visit to $50 for residents.