Get It Ready Rehabilitation Loan Program

The City of New Ulm is offering rehabilitation loans to owners of single-family residences. The program is funded through the Economic Development Authority. Funds will be made available on a first-come, first-served basis. A homeowner may be eligible to borrow up to $40,000.

The City designed the Get it Ready Rehabilitation Program to rehabilitate properties by correcting code violations, potential code violations, or unsafe living conditions. This program is not designed for remodeling or room additions.