Rental Rehab

The Rental Rehab program provides interest free, matching loans to owners of single family rental homes. 

Property Guidelines

  • Must be located in Renville County.
  • Must be used as a residential income property for 1 year prior to application and renter occupied for the life of the loan. 
  • Must be the applicants rental income property and used exclusively for residential rental purposes.

Elligible Improvements

  • Improvements or replacement of roofs, floors, exterior walls, stairs, sidewalks, foundations, windows, doors and other basic housing features.
  • Functional improvements to or replacement of electrical systems, plumbing and plumbing fixtures, heating/cooling units, individual seweage treatment systems, etc. 

Note: Improvements must be permanent in nature and physically attached to the property.

Download application HERE

 

Please contact the Renville County EDA office for more information (320)523-3656.