Curbside Appeal Reimbursement Program
The city's Curbside Appeal Reimbursement Program encourages homeowners to make improvements to the exterior of their homes and garages in areas that are visible from the street. The city will reimburse a portion of the costs for projects that meet eligibility requirements. All projects must be pre-approved by city staff. There are no income limits to participate in the program. Reimbursement amounts range from a minimum of $1,000 to a maximum of $5,000. Applicants are responsible for 75% of project costs up to $20,000 and 100% of costs beyond $20,000.
Center for Energy and Environment
The 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 - No funds available at this time
Deferred loan designed specifically for homeowners that have emergency improvement needs but do not qualify for other home improvement loan or grant programs. Emergencies include conditions that makes a house uninhabitable, extremely dangerous to the occupants, or is capable of causing severe health problems.
- Low Interest Loan Program - No funds available at this time
Revolving loans to help New Hope homeowners complete interior and exterior remodeling or maintenance projects. Examples include, but are not limited to, interior remodels (kitchen, bathroom, basement, etc.), roofing, siding, and windows.
- 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.
- Fix Up Fund Loan Program
Loan offered through Minnesota Housing Finance Agency to encourage and support repairs to existing homes.
- 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
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.
The Hennepin County Housing and Redevelopment Authority offers eligible first-time homebuyers up to $30,000 in down payment and closing cost assistance.
- Homebuyer Assistance Program
Deferred loans offered at 0% interest and deferred until the sale of the home, or forgiven after 10 years. Household income limits apply.
Home Energy Squad Program
The 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.