Loans are available for down payment and closing cost assistance for first time home buyers or for home improvement financing for current homeowners. - Down payment loans are deferred. - Home improvement loans are repayable at 0% interest over 5 years. - Maximum loan is $6,000. - Loans are a $1 for $1 match of other investment in the project. Some deferred home improvement loans are available to low income households with children or with a family member with a disability.

Statewide purchase and refinance loan programs are available for first-time and repeat homebuyers. They provide affordable interest rates and monthly payments, plus optional down payment and closing cost assistance for eligible buyers. Visit website for current income and home cost limits, and to find a nearby lender. Homebuyer education may be required for some mortgage programs. Attend Home Stretch for in-person training, or Framework for online training.

Private nonprofit company revitalizing neighborhoods by creating and supporting successful home ownership through a one-stop shop: - Counseling on home purchase - Financial literacy programs - credit, budgeting, financial planning - Foreclosure prevention, anti-predatory lending support and programs - Home Stretch home buyer workshops - Low interest and deferred loans for home improvement and down payment assistance; grants may be available - Programming in Hmong including Home Stretch Workshops, home buyer, financial literacy, foreclosure prevention programs - Renovated or new homes for sale NOTE: Does not provide rental assistance, rental units, or assist with other rental issues

Achieve Homeownership: Identifies and addresses barriers to homeownership faced by culturally diverse households and includes culturally-tailored financial literacy classes, homebuyer education classes, prepurchase financial counseling, and downpayment and closing cost assistance programs Multi-Family Projects: Creates and preserves affordable housing throughout southeast and south central Minnesota (Fox Pointe Townhomes, Spring Creek Townhomes, Prairiewood Townhomes, and Northbridge Apartments).?

Provides down payment and/or closing cost assistance 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.

Achieve Homeownership: Identifies and addresses barriers to homeownership faced by culturally diverse households and includes culturally-tailored financial literacy classes, homebuyer education classes, prepurchase financial counseling, and downpayment and closing cost assistance programs Multi-Family Projects: Creates and preserves affordable housing throughout southeast and south central Minnesota (Fox Pointe Townhomes, Spring Creek Townhomes, Prairiewood Townhomes, and Northbridge Apartments).?

Provides training, education, and counseling to first-time homebuyers. Classes are open to first-time homebuyers or current homeowners. Offers a variety of homeownership tools to start the journey of owning a home such as: - Framework: Offers access to an online learning option. An alternative course designed to help homebuyers navigate the home buying process and can be completed at their own pace. - Homestretch Workshops: For individuals interested in learning how to buy a home. Local professionals such as real estate agents, lenders, and home inspectors speak about their part in the process. Down payment and closing cost assistance may be available to first-time homebuyers who complete the workshop as well as other eligibility criteria. Virtual workshops are available. - One-On-One Counseling Session: Counseling sessions are free and are focused on affordability, types of mortgages, budgeting, savings, and accomplishing goals

Achieve Homeownership: Identifies and addresses barriers to homeownership faced by culturally diverse households and includes culturally-tailored financial literacy classes, homebuyer education classes, prepurchase financial counseling, and downpayment and closing cost assistance programs Multi-Family Projects: Creates and preserves affordable housing throughout southeast and south central Minnesota (Fox Pointe Townhomes, Spring Creek Townhomes, Prairiewood Townhomes, and Northbridge Apartments).?

Services to home buyers: - Down payment and closing cost assistance - Home ownership preparation - Mortgage lending and prescreening - Prepurchase property inspections Services to homeowners: - Bid review and construction management - Free home inspections and lead paint hazard risk assessments - Home improvement planning - Low interest deferred loans - Refinancing Services to the neighborhood: - Neighborhood marketing - Neighborhood planning and development - New home construction and sales - Renovated homes for sale - Resource referrals

Single family workforce housing, market rate lots and homes - Buyers may qualify for down payment assistance - Loans can be forgiven if the homeowner lives at the property for 12 years

Homeownership programs include: Community Housing Development Organization (CHDO): Provides homes available under a Contract for Deed with no down payment for those who qualify to assist in the stabilization of declining neighborhoods. Program rules provide a 0% down payment and interest loan for a maximum of 30 days. Community Revitalization Fund (CRF): ?Provides low interest loans for qualified individuals in building or buying existing homes. Down payment assistance may be available through CRF program. First-time Homebuyer Program: Partners with Minnesota Housing Finance Agency for funding made available annually Section 8 Home Ownership Program: Helps with mortgage payments for current participants of the Section 8 Housing Choice Voucher program. The program is open to participants who have been on the voucher program for at least one year. Once on the program, the family will be issued a Homeownership voucher.

Grants and loans, including forgivable loans, for down payment and closing costs for homes in specific neighborhoods; for employees of Essentia Health, St. Luke's Hospital, those who work in downtown Duluth, or in the East or Central Hillside areas.

Homebuyer Initiated Program (HIP): Participants receive two grants: one for down payment and closing costs, and one for (suburban Ramsey County - open real estate market) to help purchase and rehab a home in Ramsey County. Note: Rondo CLT has also moved buildings slated for demolition to vacant lots for rehabilitation and resale, and built new homes. Visit the website for any updates on these programs.

Provides a HUD Certified Homeownership Advisor for free to help households through the home buying journey. Services provided: - An advisor to assess the household's current situation and determine mortgage readiness, review credit report, and answer home buying questions - Helps individuals set goals and action plans - Homebuyer education classes and workshops to understand the home-buying process. Classes are virtual. - Financing options through the United States Department of Agriculture (USDA) Home Loans program. The loan assists households in purchasing safe and sanitary housing in rural areas. There is no down payment required and no monthly mortgage insurance payments. - Find a home to purchase and refer households to real estate agents and other professionals involved in the home purchase. Income qualified households will be determined based on availability of resources for the Partnership Community Land Trust program. - Low or no interest, deferred loans to cover closing costs or down payments on a home - Walk through closing of a home, review real estate documents, and loan disclosure

Provides low-income housing units and programs such as: - Glenville Apartments for rent - Minnesota Cities Participation Program: Low-interest mortgages for first-time home buyers in Freeborn County - Own and manages public housing units that consist of 176 units - Property management services for private rental and property sales, rehabilitation, and management

Child Care Loan Program - Provide a forgivable loan of up to $2,000 per licensed childcare provider towards approved expenses related to the cost of opening a childcare business in Mower County Community Housing Improvement Program - CHIP - Home improvement loans with 2% interest rate not exceeding $10,000 for rehabilitating existing homes. Eligible projects include electrical/furnace service replacement, painting, roofing, siding, windows, etc. - Home remodeling loans with 2% interest rate up to $25,000. Eligible projects include additions, decks, new garages, etc. Curb Appeal Project - CAP (Hormel Foundation grant) - Provide a 20% portion of project costs (maximum reimbursement of $5,000) to homeowners to enhance curb appeal of residential properties Home Ownership Fund - Austin/Mower County Home Ownership Fund (A/MCF) - Provide loans with 2% interest rate up to $6,000 to use towards down payment and closing costs or rehabilitation necessary to purchase a home. Potential homebuyers must attend homebuyer training workshops. Tax Abatement program - Provide up to 5 years of tax abatement for Mower County portion of property taxes on qualifying housing units. Eligible units of housing include a single-family house or multi-family complexes. A house may be new construction, modular, or manufactured provided it is on a permanent foundation and is valued and assessed as real property for property tax purposes. Visit website for more information and application form.

- Affordable homeownership gap assistance available through MN Housing - Economic Development Authority (EDA) funds are available to first-time homebuyers with preference given to low-income renters participating in the Housing Choice Voucher program - Home-ownership training providing Home Stretch classes. Participation in the home-ownership training is required for financial assistance. - Monthly mortgage payment assistance is available to first-time homebuyers who are currently receiving Housing Choice Voucher rental assistance

Home improvement loans for income eligible residents. Can be used for emergency repairs, remodeling, additions, lead abatement, accessibility modifications and energy improvements. Loans have a sliding scale interest rate of 0 - 8%. First-time home buyers programs for eligible Saint Louis Park purchasers offering low interest loans, down payment and closing cost assistance. There are income and purchase price limits.

Achieve Homeownership: Identifies and addresses barriers to homeownership faced by culturally diverse households and includes culturally-tailored financial literacy classes, homebuyer education classes, prepurchase financial counseling, and downpayment and closing cost assistance programs Multi-Family Projects: Creates and preserves affordable housing throughout southeast and south central Minnesota (Fox Pointe Townhomes, Spring Creek Townhomes, Prairiewood Townhomes, and Northbridge Apartments).?

Provides financial assistance, homelessness programs, and assessments for supportive housing to households who are at imminent risk or are homeless. Services provided are: Case Management - Assessing barriers that prevent stable housing - Crisis intervention - Connections to resources for housing - Provides budgeting, life skills support toward employment and education goals Coordinated Entry - Assessments for supportive housing programs and other support services - Fond Du Lac Property Management provides 24 supportive housing units through coordinated entry - Fond Du Lac Property Management provides 10 veteran supportive housing units through coordinated entry Emergency Rental Assistance Program - Assist with one month's rent and security deposit not to exceed the value of one month's rent. Assistance is not available to households who have received assistance from the program within a 3-year period. Payments are made directly to the landlord. Homeless Prevention Programs - Prevention Services: Temporary financial assistance and/or supportive services to help people remain in their current housing situation, relocate, or divert them from entering the homeless system. Financial assistance may help with rental application fees, the first month's rent, past due rent, or utility assistance. - Rapid-Rehousing: Assists households to quickly exit homelessness and return to permanent housing. Provides one-time rental assistance and supportive services such as case management and housing navigation. Homeownership Down Payment Assistance - Assistance under this program may include payment of reasonable loan down payments, closing, and/or costs generally referred to as settlement charges associated with the first mortgage of the home to be used as the family's primary residence. Maximum amount of assistance is $3,000 including down payment, closing, and settlement costs. - Helps secure affordable homeownership for Fond Du Lac band members

Provides financial assistance for eligible homebuyers at or below 60% Area Median Income (AMI). Qualified homebuyers can receive up to $40,000 for a home down payment, closing costs, and/or property inspection.

Down Payment Assistance Program This is only for existing buildings, not for a person building a new home. It also does not apply to mobile homes. The home must be within the city limits of Gaylord. The economic authority accepts applications on a monthly basis and the board approves them once a month. Business Loans: Revolving loan fund information for homes and businesses. The Economic Development Authority (EDA) advises the city council regarding economic development, housing, and redevelopment matters, and exercises certain powers as authorized by the council.

Provides a variety of commercial lending and mortgage loan options Business/Commercial - Community builder loans - Market tax credit financing loans - Socially and economically disadvantaged business loans - Women in Business: provides information and resources Home Loans - First-time homebuyer loans - Home improvement loans - Home Ownership for Me (HOMe): down-payment loan program - Home refinancing loans - MMCDC and USDA loans with low down payment options

Provides financial assistance for eligible homebuyers at or below 60% Area Median Income (AMI). Qualified homebuyers can receive up to $40,000 for a home down payment, closing costs, and/or property inspection.