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Updated over 6 years ago on . Most recent reply

User Stats

45
Posts
6
Votes
James Cannon
  • Banker
  • Saint Paul, MN
6
Votes |
45
Posts

Loans & Grants Rental Rehabs For Affordable Housing

James Cannon
  • Banker
  • Saint Paul, MN
Posted
I own a duplex in St. Paul, MN that I currently rent out. Recently I received a notice for a Rental Rehab loan for landlords who provide affordable housing. Because I currently rent to section 8 tenants I thought this would be a good loan to apply for in order to turn my duplex in to a triplex or at least to add another bedroom and bathroom and increase the passive income that the ulhome produces. My question for the bigger pockets community is; does anyone know of any governement loans or grants that are available to landlords who are willing to rent to low income tenants? Let me know, thanks!

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