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Emergency & Accessibility Loan Program (ELP)

About the Program

WCMCA is the Minnesota Housing Finance Agency (MHFA) approved lender for the Emergency & Accessibility Loan Program (ELP) for the following counties: Grant, Traverse, and Wilkin. 

The Emergency & Accessibility Loan Program (ELP) can be utilized if an emergency is identified that threatens household members’ health and safety. If an emergency is identified and there are other deficiencies that need to be addressed, the borrower could receive both Rehabilitation Loan Program (RLP) and ELP funds.

How much money could I receive for my home improvement project?

  • Emergency & Accessibility Loan Program (ELP) – up to $15,000

What are the terms of the loan?

ELP is a deferred loan, up to 15 years, which means no interest and no payments during the life of the loan.  The loan is forgiven when the term is reached provided the borrower occupies and owns the property during the entire loan term.

Eligibility

  • Must be 18 years of age or older
  • Occupy and own the property
  • Be current on any mortgage payments, if applicable
  • Be current on all property taxes
  • Have proof of home insurance
  • Have assets less than $25,000
  • Have applied for Weatherization (receives Energy Assistance)
  • Fall at or below the following income limits

 

Household Size Income Limits
1 People $21,000
2 People $24,000
3 People $27,000
4 People $30,000
5 People $32,400
6 People $34,800
7 People $37,200
8 People $39,600
9 People $42,000
10 People $44,400

How to Apply

For more information, please contact Janelle Bennett.

Application

Emergency & Accessibility Loan Program Application
Click here to download the PDF.

More Information

Janelle Bennett, Housing Coordinator

Email: janelleb@wcmca.org

Phone: 320-304-3458, Ext. 7214

Toll Free Phone: 800-492-4805, Ext. 4

Fax Number: 320-335-2463

Mailing Address:

WCMCA
Attn: Janelle Bennett
503 Hawthorne St, Suite 45
Alexandria, MN 56308

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