Fergus Falls/Ottertail County Housing and Redevelopment Authority

Rental Rehabilitation Financing

Borrowers must provide a minimum of 25% of HOME-eligible costs.

The borrower’s match must be greater than 25% where less than 75% of the units are HOME-assisted and all units in the building are rehabilitated, and/or the borrower proposes items of work not eligible for HOME funding, and/or the cost of the rehabilitation is greater than $14,000 per unit.