Beginning March 18 and running through October 31, Gate City Bank will once again partner with the City of Moorhead to revitalize mature neighborhoods, helping local homeowners make repairs and improvements with a low interest rate.
Program funds may be used to address code and structural issues, improve energy efficiency and make general property improvements. Applicants must be the owner-occupant of the home and meet credit requirements. Qualifying projects for the bank’s home improvement programs range from patio additions and new garages to safety repairs like furnace replacements and accessibility adjustments. Funds may also be used to address code and structural corrections, energy improvements and general property upgrades.
Applications must be received on or before October 31, 2024, and generally projects must be within city limits. Each application is subject to credit qualification and a home evaluation, and will be reviewed on a first-come, first-served basis as funds are available. Loan amounts can range from $10,000 to $100,000, and each location may have varied rates and requirements. To learn more and apply, visit cityofmoorhead.com/residents/housing/home-improvement.
Questions on Property, Contractor, or Renovation Items?
Call the City of Moorhead at 218.299.5363 or email governmental.affairs@moorheadmn.gov.
