The Federal Home Loan Bank of Des Moines, Iowa, has awarded Unity Bank North of Red Lake Falls $315,000 to be used for owner-occupied housing rehab in Kittson, Marshall, Norman, Pennington, Polk, Red Lake and Roseau counties located in northern Minnesota.
These funds will be administered by Northwest Minnesota Multi-County Housing & Redevelopment Authority. Funding will be available to assist 35 low to middle income households in need home repairs with a $9,000, 5-year forgivable loan at a 0 percent rate of interest.
Applications will be reviewed on a first come, first serve basis. For more information or to see if you qualify for funding, contact us at 218-637-2431, ext. 1126 or ext. 1125. EOE