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37 <br />Financing Sources <br />& Resources <br />SPECIALIZED PROGRAMS <br />The Minnesota Homeownership Center offers a <br />Rehab and Repair Program Matrix that outlines <br />renovation loan programs available by region in <br />the state, some of which may be targeted to <br />specific household income levels: <br />www.hocmn.org/resources-for-homeowners/ <br />Minnesota Housing, a state agency, offers <br />home-improvement loans that could be used <br />for ADU projects, in partnership with lenders <br />throughout the state: <br />www.mnhousing.gov <br />TIP If you are applying for a loan, secure your <br />financing about one month before you’re ready <br />to apply for permits. <br />RENTING <br />Renting out your ADU may earn back some <br />of your construction costs over time. Be <br />aware that lender guidelines may not allow <br />consideration of your future rental income <br />when determining your eligibility for a loan. <br />SWEAT EQUITY <br />Find opportunities to do some of the work <br />yourself, depending on your skills. Some <br />ideas include installing cabinets, ordering <br />appliances, painting and landscaping.