The City of Oakdale partners with Lake Elmo Bank and MN Housing to offer low interest loans to qualifying Oakdale homeowners to make qualifying updates and repairs to their homes. 

Replace the roof. Update electrical or plumbing systems. Save on your energy bill with new heating or central air. From small projects to larger renovations, a Community Fix Up Loan will help you achieve your vision and stay on budget.

• Loans range from $2,000 – $15,000
• 2% interest rate and repayment terms up to 15 years

Basic Eligibility Requirements

• You must own and occupy a 1-4 family home in Oakdale
• Income limits go up to $103,400 for households of two or fewer people and $118,910 for households of three or more

Tackle Your To-Do List

Eligible projects include: foundations, siding, electrical, roofs, HVAC, plumbing, windows, and more. Additions including garages and porches are not eligible.