Home improvement loans are available for Blaine homeowners through the Center for Energy and Environment Lending Center.
Accessibility Loan Program
Simple modifications can be made to homes to allow residents with disabilities to remain in their homes. The accessibility loan program offers $10,000 in a deferred, no interest loan, which is paid back upon sale of the property. The borrower’s household must include an individual with a disability and projects must be approved by the individual’s physician. Income limits apply. Projects may include widening doorways to accommodate mobility devices, adding grab bars, constructing ramps, and more!
Emergency Deferred Loan Program
Homeowners facing emergency situations who are unable to obtain other financing for repairs may qualify for an emergency deferred loan. Loans are available for up to $10,000 and no monthly payments are due. The loan is paid back when the home is sold.
Low Interest Home Improvement Loan
From maintenance projects to major remodels, you can finance most home improvements with a loan of up to $50,000 from the Blaine Economic Development Authority with interest rates under 4%.