Homeowner Rehabilitation

The Swift County Housing and Redevelopment Authority is dedicated to serving the residents of Swift County. The HRA offers a wide variety of homeowner rehabilitation programs including programs through Minnesota Housing, Small Cities Development program, and the Local Housing Trust Fund. Contact the HRA today- some funds are limited!

Minnesota Housing

Minnesota Housing offers a variety of loan programs to help make necessary repairs or updates to your home. They will work with local participating lenders who can answer questions about program eligibility and help you learn about the featured programs.

Small Cities Development Program

The Swift County HRA is currently working on Small Cities Development Program funds for multiple cities throughout the county.

Federal Home Loan Bank

The Swift County HRA worked with Financial Security Bank to develop the Swift County Owner Occupied Rehabilitation Program for the past year and has been a dedicated community partner and advocate for affordable housing. The focus of this grant is to serve low to moderate income, Veteran, elderly, and/or disabled populations.

Local Housing Trust Fund (LHTF)

The Local Housing Trust Fund is a program administered by the Swift County HRA. The primary purpose of the LHTF is to assist in financing the production, preservation and stabilization of affordable & mixed-income housing projects throughout Swift County.

As a condition of receiving housing aid funds from the State of Minnesota, Swift County must commit to using housing aid funds to supplement, not supplant existing locally funded housing expenditures, so that Swift County is using the funds to create new or to expand existing housing programs. Between 2023 and 2024, Swift County reduced its expenditure on acquisition, construction, rehabilitation, adaptive reuse, improvement, financing, and infrastructure of residential dwellings by $500,906.12. The reason Swift County reduced this expenditure is:

In 2023, the Swift County HRA acquired GraMar Court, a 16-unit Rural Development property using a combination of funding sources, including a loan from the County’s General Fund and allocations from the Local Housing Trust Fund. These funds were also used to support initial rehabilitation efforts at the property, resulting in a significant expenditures. In contrast, 2024 expenditures were lower  because the major acquisition  costs had already been incurred in the prior year. Additionally, the majority of the rehabilitation work in 2024 was completed using non-local funds, such as federal or state sources.  The Local Housing Trust Fund became publicly available in July 2024, and since the program was just launching, expenditures were limited as initial applications and disbursements began to roll out.