Housing Programs

Live Near Your Work!


These four short videos are part of a pilot project called "Voices of the University District" and feature comments from residents and business owners in each of the District's neighborhoods.  Click here to learn more about living near your work. 

NEW! August 2015
Energy Efficiency Grants for
Como Homebuyers of a
City of Lakes Community Land Trust home

The SE Como Improvement Association will award energy efficiency grants of up to $7000 to homebuyers who are purchasing a home in the Como neighborhood through the City of Lakes Community Land Trust’s (CLCLT) Homebuyer Initiated Program (HIP). To sort out this alphabet soup of abbreviations, check out  www.clclt.org , and look up the Ownership Options.

Eligibility requirements are relatively light. The purchaser(s) must be an owner-occupant, and may not earn more than 80% of the metropolitan median income at the time of closing on the home. That is currently $65,800 for a household of four people. Income maximums for other households are also listed at www.clclt.org; see the Qualifications & Benefits section.

Under the Homebuyer Initiated model homebuyers may choose homes on their own, or through a realtor, or with the assistance of realtors who work with CLCLT. To get started on the application process, homebuyers should check the Application Process described at www.clclt.org

Low-Interest Home Improvement Loans

SECIA has made Neighborhood Revitalization Program (NRP) funds available to property owners of the Southeast Como neighborhood to make improvements to their properties. The SECIA Home Improvement Program offers low-interest loans to owner-occupied and residential properties.

Loan Terms
  • Minimum loan amount: $1,000
  • Maximum loan amount: $15,000
  • Interest rate: 4.75% fixed
  • No maximum income limit. However, applicants with a household gross income of $96,500 or less will have first priority for loan funds.
  • Maximum repayment term 15 years.
  • Additional terms, conditions and closing costs may apply and are subject to change without notice. Financing is secured by a mortgage on the property. 
Eligible Properties
  • Owner-occupied, 1-3 unit residential structures located in the Southeast Como neighborhood.
Eligible Improvements
  • Most improvements are eligible, interior or exterior maintenance or remodeling.
For more information, contact:
Brenda Yaritz - Senior Loan Officer
612-335-5891 or 1-855-296-5626 (LOAN)
or visit:

Note: as of August 2015, this loan is inactive.

SECIA has made Neighborhood Revitalization Program (NRP) deferred funds available for closing cost/down payment assistance for people purchasing a 1-4 unit property in the SE Como neighborhood. The property must become owner-occupied.

Loan Terms

  • Maximum loan amount: $5,000
  • Interest rate: 0% fixed
  • No income limit!
  • The loan will be 100% forgiven if the owner remains in the property for 7 years from the date of the loan closing.
Eligible Properties

  • 1-4 unit residential structures located in the Southeast Como neighborhood. Residence must become owner- occupied. *Contact a CEE Loan Officer for more details on this program.

For more information, contact:

Nate Phelps - Loan Officer
or visit: