Available Immediately: Additional Rehabilitation Loan Program Funds

Announcing New Rehabilitation Loan Program Manager
Minnesota Housing is pleased to welcome Sara Shonrock as the new Program Manager for the Rehabilitation Loan Program.
Sara previously worked in the Building Inspections Division at the City of Burnsville and has extensive experience in the real estate sector. She studied housing policy at the Humphrey Institute, which will allow her to ensure the program and policy objectives of the Rehabilitation Loan Program are met. 
She also spent time learning from her dad, a residential contractor, which gives her a practical perspective on the program.
Feel free to email or call Sara at 651.296.3495 with any questions or just to introduce yourself!
$2 Million in Additional Funding Available
The Minnesota Housing Board of Directors recently approved an extra $2 million in funding for the Rehabilitation Loan Program.  Effective immediately, lenders can resume submitting reservations using the Loan Reservation Worksheet via the Single Family Upload Tool.
For a quick reminder on the Rehabilitation Loan Program process, please review the program Process Chart.  If you have questions, please contact Tonya Taylor at 651.296.8844.
Thanks to the lenders who submitted timely and accurate applicant tracking reports. We use applicant tracking information to monitor program demand, which helped us build the case for additional funds.
Please continue to track your applicants and outcomes and report them to Minnesota Housing on March 31 and September 30 each year. For more information, see Section 6.04 of the Rehabilitation Loan Program Procedural Manual.
400 Sibley Street, Suite 300 | Saint Paul, MN 55101 US
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