Improvement Loans
NENDC offers low interest home improvement loans. Eligibility requires that you must own your home and live in the NENDC service area. You must also meet specific income guidelines. Your household income must be at or below this amount to be considered for a loan.
Special circumstances such as extraordinary family medical expenses, additional cost of lead abatement work and the particular location or condition of your home may qualify you for the deferred loan program. The Finance Committee will review written requests for consideration for special eligibility for the deferred loan program. For more information or the specific income guidelines, call our office today.

Small Business Loans
This program offers funding support to provide loans and loan guarantees to businesses located in the service area. We target small to medium retail and manufacturing businesses that provide both a service to the neighborhood residents and employment opportunities.
The benefits of this program are to the individual businesses but also to the neighborhood resident. The general benefit is that services remain close to the resident's homes and that the area as a whole remains healthy and stable. Both the elderly population and younger families appreciate and support the variety of retail and professional services in the area.

Community Revitalization
NENDC is involved with the planning and revitalization of Phalen Village and White Bear Avenue including the purchase and redevelopment of properties, streetscape improvements and the construction of a variety of housing types.
NENDC is an active partner with the Phalen Village Business Association and White Bear Avenue Business Association to promote positive change within the community.