First Come, First Served!
The Seward Neighborhood Group (SNG) has allocated NRP Phase II funding for home improvements within the Seward Neighborhood. At 3.99 – 5.99%* this program offers unbelievably low rates with very flexible terms. SNG has contracted with the Center for Energy and Environment (CEE), a locally based non-profit to administer the neighborhood’s home improvement program.
The home improvement program will disburse money from Seward’s second phase of funding by the Neighborhood Revitalization Program. This program will conclude Seward’s NRP funding for housing repairs.
With more residents opting to stay in their homes and renovate rather than sell and purchase, CEE and SNG have the capacity to help homeowners protect and enhance their most valuable asset.
SNG Revolving Loan Program
· 3.99% fixed interest*
· $12,000 maximum
· Flexible Terms
· Income Limits apply
Eligible improvements include roof, siding, windows, furnace, insulation, A/C, and more!
CEE Home Energy Program
· Low interest fixed rate
· $10,000 maximum
· Flexible Terms up to 5 years
· No maximum income limit!
Energy-related improvements are eligible including storm windows, storm doors, insulation, furnace, a/c, water heaters and more!
Energy Saver Rebate Program
· Federal Stimulus Dollars in the form of an “Energy Saver Rebate”are currently available through the Seward Discount Loan Program which mirrors many of the terms described in the SNG Revolving Loan Program above. Residents who access the Seward Discount Loan Program may be eligible for a rebate of 35% on all qualifying energy improvements up to $10,000. This program is available through CEE on a first come first served basis. Qualifying energy improvements include: windows, doors, insulation, water heaters, heating and cooling. Improvements qualifying for a rebate must meet certain minimum criteria. Time is of the essence, so contact CEE now! Federal funds are limited.
Environmental Inspection Grant Program
Residents may receive an Environmental Inspection Grant if the property is 1-2 unit owner occupied and homesteaded residential structure in the Seward neighborhood. CEE will perform a Home Performance Inspection for $300. The homeowner will pay $200 and the Seward Neighborhood Group will pay $100.
*Interest rates subject to change
Call 612-335-5884 or go to www.mncee.org for more information or to download forms.
Please consider working with an elderly neighbor or anyone else unable to access the internet to download forms. Helping a neighbor to fill out forms is a terrific way to build relationships and community –it’s one of the reasons that we live in Seward. If help is still needed or assistance required to find a contractor, please contact SNG staff Bernie Waibel at Bernie@sng.org or at 612 338 6205, x102.
The stimulus funds available through the Energy Saver Rebate Program are limited, so please act quickly.