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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 $25,000

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 Information

  • 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

Click here to view the New 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

Application Details

Click here to view the ELP Application

For more information, please contact Megan Radermacher.

More Information

Megan Radermacher, Affordable Housing Administrative Assistant

  • 320-304-3458, ext. 7217
  • 800-492-4805, Ext. 4
  • Fax: 320-335-2463
  • WCMCA
    Attn: Megan Radermacher
    1910 Aga Drive - Suite 206
    Alexandria, MN 56308

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