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Rice County Housing and Redevelopment Authority

Resource Name:Rice County Housing and Redevelopment Authority

Home Ownership Assistance

address

320 3rd St NW, Rice County Government Services Bldg, Faribault, MN 55021

Eligibility

You must:
  • Be a first-time homebuyer (or have not owned a home in the last 3 years)
  • Have copies of your federal income tax returns for the past 3 years
  • Have decent credit
  • Live in the home within 60 days of the closing of your mortgage
  • Meet the requirement for income and home purchase limits

Site Service Area

Rice County

Other Information

Specialization

  • Family
  • People with low income
Home ownership program that offers financial assistance to make home purchases more affordable for those that meet eligibility requirements MORE INFORMATION The Minnesota City Participation Program (MCPP) offers help to income-eligible first time home buyers to purchase a home.

Last Update

02/26/2026

Providing organization

Rice County Housing and Redevelopment Authority