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Northfield Housing and Redevelopment Association (HRA)
Help to make home loans and home ownership more affordable for low-income families
DESCRIPTION:
Home ownership program that offers financial assistance to make home purchases more affordable for those that meet eligibility requirements
MORE INFORMATION
The First-Time Homebuyer Program provides income-eligible first time homebuyers with the opportunity to receive down payment or closing cost assistance
What's Here
Low Income
First Time Homeowners
First Time Buyer Home Loans
Poverty Level
Minnesota Housing Finance Agency
Help to make home loans and home ownership more affordable for low-income families
DESCRIPTION:
Home ownership program that offers financial assistance to make home purchases more affordable for those that meet eligibility requirements
MORE INFORMATION
Help for first-time homebuyers, repeat homebuyers and current homeowners who may qualify for a Minnesota Housing mortgage loan
What's Here
First Time Buyer Home Loans
Poverty Level
Low Income
Housing Down Payment Loans/Grants
Plymouth Housing and Redevelopment Authority
Help to make home loans and home ownership more affordable for low-income families
DESCRIPTION:
Home ownership program that offers financial assistance to make home purchases more affordable for those that meet eligibility requirements
MORE INFORMATION
Offers a zero interest deferred loan up to $35,000 for qualifying first-time homebuyers purchasing a home in Plymouth.
Program components include:
* Financial assistance can be used for up to 50% of the required down payment, 100% of eligible closing costs up to $7,500, and for the reduction of the mortgage principal.
* Repayment of the loan is required if the home is sold or no longer homesteaded within the first 30 years of ownership. After 30 years, the loan becomes due and payable.
What's Here
Low Income
First Time Buyer Home Loans
Poverty Level
First Time Homeowners
Southeastern Minnesota Multi-County Housing And Redevelopment Authority
Help to make home loans and home ownership more affordable for low-income families
DESCRIPTION:
Home ownership program that offers financial assistance to make home purchases more affordable for those that meet eligibility requirements
MORE INFORMATION
Help is available for first-time home buyers or those who have not owned a home in the last three years.
What's Here
First Time Homeowners
Low Income
Subsidized Home Acquisition
Low Income Home Loans
Poverty Level
First Time Buyer Home Loans
Housing Down Payment Loans/Grants
First Homes
Help to make home loans and home ownership more affordable for low-income families
DESCRIPTION:
Home ownership program that offers financial assistance to make home purchases more affordable for those that meet eligibility requirements
MORE INFORMATION
Through the Community Land Trust, an affordable housing model, First Homes is able to sell homes to income-qualified buyers at a lower cost and protect that affordability for future buyers.
What's Here
First Time Buyer Home Loans
Poverty Level
Homebuyer/Home Purchase Counseling
Low Income
Community Land Trusts
First Time Homeowners
Housing and Redevelopment Authority of Douglas County
Help to make home loans and home ownership more affordable for low-income families
DESCRIPTION:
Home ownership program that offers financial assistance to make home purchases more affordable for those that meet eligibility requirements
MORE INFORMATION
Offers a Down Payment Assistance Program to help with down payment and/or closing costs, designed to meet the needs of low and moderate income homebuyers who wish to purchase a home, but are unable to provide the necessary liquid assets and/or qualify at the present time to finance the transaction without assistance.
The assistance is in the form of a lien secured by the purchased property.
The maximum assistance amount is $5,000.00. The amount is based on an as-needed basis. Maximum loan term of 7 years at 1% interest.
What's Here
Poverty Level
First Time Buyer Home Loans
Low Income
