North East Neighborhoods Development Corporation

Chuck Repke

1212 Prosperity Ave.

Saint Paul, MN 55106

Phone: 651-771-6955

Fax: 651-774-1768

Email: nendc@qwest.net

North East Neighborhoods Development Corporation

 

Loan Eligibility Guidelines

 

 

NENDC offers a low interest loan. Eligibility requires that you must own your home and live in the NENDC service area (between Larpenteur, Interstate 94 and Mc Knight and Johnson Parkway). You must also meet the income guidelines.

 

 

1 Person      2 Person       3 Person      4 Person     5 Person

$40,600      $46,400        $52,200       $58,000       $62,650

 

 

6 Person      7 Person      8 Person

$67,300       $71,900       $76,550

 

To determine your household income you must include the income of every person in your household even if they are not related to you. These household incomes listed above are the highest. You must be at or below them to be considered for a loan.

 

Special circumstance such as extraordinary family medical expenses, additional cost of lead abatement work and the particular location or condition of your home may qualify you for the deferred loan program. The Finance Committee will review written requests for consideration for special eligibility for the deferred loan program.

 

Home Improvement Loans

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