Residential buildings
You can apply for up to $14,000 in funds to reduce your building's energy use. Residential buildings are single family and 2- to 4-unit properties.
Overview
We offer a 0% interest loan plus grant program for:
- Owners of single family and 2- to 4-unit buildings
- Making energy saving improvements
We partner with the Center for Energy and Environment to:
- Reduce the loan interest rate to 0%
- Provide a City match to reduce the out-of-pocket cost of your energy saving improvement(s).
What to know
Eligibility
Eligible applicants
Property must meet these criteria
- Is located in the City of Minneapolis.
- Has an existing owner of a:
- Single family or 2-to 4-unit building or
- Non-owner-occupied residential property, such as:
- Individual townhomes
- Twin-homes
- Condominiums
- Properties held in a trust
Loan applicants must meet these criteria
- Be legal residents of the United States.
- Have had a Home Energy Squad (HES) visit or a TISH Energy Disclosure Report in the last three years.
Properties that do not meet these criteria
- Properties with more than four units
- Cooperatives
- Manufactured homes
- Properties used for commercial purposes
- New construction
Eligible projects
Your project must
- Be listed in the required minimum energy efficiency guidelines table.
- Meet the criteria listed in in the required minimum energy efficiency guidelines table.
- Qualify for an Xcel or CenterPoint utility rebate.
Other criteria
- Grants, matches and rebates cannot exceed your total project cost.
- You must complete all work within 120 days of loan closing.
- The Center for Energy and Environment will give loans based on:
- Credit report score or other criteria, or both
- Underwriting guidelines
- An eligible insulation and air sealing project without a loan:
- Can receive a bonus rebate from the City
- Must use a rebate-eligible contractor for the project
Incentives
City match
Incentives for City match
- 0% interest loans up to:
- $5,000 for loan terms up to 36 months
- $10,000 for five-year loans
- $15,000 for seven-year loans
- $20,000 for 10-years loans
- The city match based on:
- The total cost of the project
- The incentive tier for which you qualify
| Category | Maximum match |
|---|---|
| Tier 1 | 10% up to $3,000 |
| Tier 2 | 30% up to $6,000 |
| Tier 3 | 70% up to $14,000 |
Incentive categories
Base category
Tier 1
- All 1-4-unit applicants not in the other categories
Tier 2
- Applicants with a household income between 80%-150% Area Median Income and not in a Green Zone
Tier 3
- Applicants in a Green Zone or with a household income less than 80% Area Median Income.
Income is based on adjusted gross annual income from the most recent Federal Tax Return.
Minimum guidelines
Terms
- AFUE - Annual fuel utilization efficiency
- ECM - Electronically commutated motor
- EER2 - Energy efficiency ratio
- HSFP2 - Heating seasonal performance factor
- SEER2 - Seasonal energy efficiency rating
| Attic insulation and air sealing | ≥ R-50 or maximum possible. |
| Wall insulation | ≥ R-10 or maximum possible |
| Rim joist insulation | Guideline is on a case-by-case basis. |
| Air Source Heat Pumps |
Central: 15.2 SEER2 (10 EER2), HSFP2 8.1 Mini-Splits: 16 SEER2 (9.0 EER2), HSFP2 9.5 Packaged: 15.2 SEER2 (10.0 EER2), HSFP2 8.1 |
| Furnace |
95% AFUE or higher with ECM motor Only eligible with a dual fuel “hybrid” system |
| Heat Pump Electric Water Heaters | Energy STAR certified |
| Solar |
Eligible if:
|
| Health and safety issues required to complete eligible project(s) |
|
Get started
The first thing you should do is schedule an energy audit.
- We recommend scheduling the audit at least one month before the application is due.
Helpful organizations
Contact one of these organizations for help:
Related links
Contact us
Green Cost Share
Minneapolis Health Department
Phone
Address
Public Service Building505 Fourth Ave. S., Room 520Minneapolis, MN 55415