The City of Kenyon has funding available for owner occupied rehab.  Eligible households must:

  • Live within a targeted area.  For a map of the target areas, click here.
  • Property is suitable for rehab.
  • Homeowner’s property taxes and insurance are current.
  • Property is a permanent structure.
  • Homeowner does not have any outstanding judgements.
  • Homeowner’s income must be at or below established guidelines
Income Guidelines (2019)
Family Size30% AMI50% AMI80% AMI

The financial assistance will be in the form of a deferred loan.  The amount of the deferred loan will vary on a case-by-case basis.  The deferred loans are secured with a Repayment Agreement. If the property is sold, title is transferred or is no longer the primary residence of the participant:

  • Within the first 6 yrs., the full amount must be repaid to the HRA
  • The amount of repayment is reduced 20% for each year until the end of the 10th year.
  • At the end of the 10th year, the loan is forgiven and becomes a grant.
Financial Assistance
Income based on AMI% Property Owner Match% Deferred LoanMax. Deferred Loan Amount
0-30% AMI0%100%$25,000
31-50% AMI4%96%$24,000
51-80% AMI12%88%$22,000

To apply for the Kenyon Housing Rehab Program, please click on the link in the sidebar.

For more information on the Kenyon Housing Rehab Program Contact:

Tressa Sauke, Special Projects Coordinator

134 East Second Street
Wabasha, MN 55981