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Assists individuals and families to sort through credit and debt problems to find workable solutions, includes:

• Budget counseling

• Community education programs

• Debt management program

• Housing counseling

• Foreclosure prevention

• Homebuyer counseling

• Pre-filing bankruptcy counseling

• Reverse mortgage counseling

Provides one-on-one assistance to help individuals navigate their finances, improve their financial goals, and navigate the financial systems. Services include:

• Create and improve credit

• Financial coaching by appointment

• Financial management skills

• Help navigate financial processes and applications

• Home Stretch Homebuyer Workshop: An 8-hour workshop that educates and informs future homeowners to help them understand the homebuying process. The training includes information about the process of buying a home and access to down payment programs.

• Gain access to supplemental resources such as the Lending Circles (Tandas) program. The Lending Circles program provides a secured loan, without cost or interest, to establish or build credit and improve the way individuals manage money.

• Small business support for entrepreneurs or those interested in becoming business owners. Offers support to business owners by evaluating and organizing their finances.

• Tax preparation for people with low or medium income during the tax season

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 culturally appropriate pathways to homeownership for Somali women and their families, guiding women on how to utilize resources and tools for financial empowerment, and preparing them to make financial investments in a home. Services provided:

• Create an action plan and steps to achieve goals

• Develop a budget and savings plan

• Encouragement and nonjudgmental support to build financial confidence

• Homebuyer and financial education workshop

• Individualized planning unique to the needs of each woman

• One-on-one advice regarding credit reports and addressing credit problems

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, which 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 meet 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

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

Helps with instruction to financial readiness and credit worthiness needed for mortgage loan approval beginning with a 4-part educational workshop. 3 parts are dedicated to pre-purchase and 1 part is dedicated to post-purchase. 1-to-1 pre-purchase financial counseling completes the instruction.

Homebuyer Counseling: Provides free, HUD Housing Counselors to help clients understand how to be responsible homeowners, determine homebuyer readiness by reviewing finances, checking credit reports, and creating a budget Home Stretch Workshops: Provides certified instructor led workshops that guide potential homebuyers to help determine readiness, make a plan to get there, and prepare for homeownership

Provides homebuyer counseling and education courses for individuals interested in buying a home for the first time. Programs offered:

• Framework Online Classes: Provides an online homebuyer education course. Satisfies the homebuyer education requirements of Fannie Mae HomePath Ready Buyer and HomeReady by Fannie Mae.

• Homebuyer Counseling: Free one-on-one counseling service to determine financial readiness to buy a home, help get credit ready, and educate on the process of buying a house and refer to programs that help

• Home Stretch In-Person Classes: Eight-hour education course that prepares participants for the home buying process. The classroom-style workshop is taught by expert instructors from the nonprofit, real estate, and lending industries. Home Stretch is a requirement for most homebuyer assistance programs.

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.

• Provides information, counseling, and workshops for persons interested in purchasing homes.

• Includes information on pros and cons of home ownership, loans, down payment assistance, budgeting, etc.

• Financial Counseling for residents of the seven county metro area, primarily Spanish speaking families

• Financial literacy workshops for residents of the seven county metro area available in Spanish and English

• Housing development for St. Paul's west side

• MHFA home improvement loans to residents of seven county metro area

• Homebuyer education workshops (HomeStretch) are offered in Spanish and English. This nine hour workshops walks you through the homeownership process. Topics include, savings, credit, affordability

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).?

Homebuyer education through the White Earth Investment Initiative through classroom and online education, and individual housing advising

Homestretch Home Buyer Education Program: A homebuyer education program that provides information on home purchasing loan options, purchase agreements, loan closings, budgeting, and home maintenance after the purchase. After class completion, a certificate is obtained which may enable the participant to apply for certain loan programs. MHFA Rehabilitation Loan: Income-based deferred loans for improvements for basic, necessary housing repair to owner-occupied properties. There is no interest or monthly payment until the owner sells, transfer or move from the property or until after the 15th year when the deferred loan is due and payable. Loans is also available to mobile/manufactured homes taxed as personal property located in a mobile home park. Small Cities Development Program Rehab Loans: Income-based deferred grants to low to moderate-income households living in substandard housing. The program encourages the improvement of the general appearance and value of the housing stock while making a visible and substantial improvement in the quality of life in the community. Funds are also available to commercial and rental property owners. This program can provide upgrades to properties, helping them meet code requirements and design standards. Small Cities' grants require a match from the owner of the property. Most grants are written as a 70-80% grant funds and a 20-30% owner match for project funding. There is a maximum amount of funds that a project can receive as well. Prairie Five will assist in determining the match and other funding sources or options that may be available to fund the match requirement, if needed.

• Foreclosure Prevention: Helps individuals avoid foreclosure when they're struggling to make mortgage payments. Counselors: review current finances to give a clear idea of options, works with individuals to submit paperwork to apply for mortgage modification, refers to government programs to help save the home, assists with postponing the sheriff's sale to enable more time to work out a mortgage solution.

?- Homebuyer Counseling: Helps individuals set themselves up for long-term success for buying a home. Counselors will: assess the financial situation, address barriers such as credit and debt, determine if an client is ready to buy and help calculate what they can afford, share information on current mortgage loan programs, and refer to down payment and closing cost assistance programs.

• Reverse Mortgage Counseling: Advises individuals on reverse mortgages which allows older adults who have equity in their homes to obtain cash from their homes without selling them in order to pay for home health care and other needed services. Reverse mortgage counseling is available by phone throughout Minnesota or in person at the Brainerd, Duluth, Minneapolis, and Willmar locations only.

• Head Start - Early Headstart - Invest Early

• Head Start children 0 - pre-school age children

• Information and referral

• KOOTASCA Transitional

• Homebuyer Program/Home Stretch

• Fairview Horizon Apartments

• Family Homeless Prevention Program

• Energy Assistance

• Information & Referral

• Transitional Housing

• Weatherization

• Home Rehabilitation Grants/Loans

• Crisis/Outreach

• PC's for People

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 one-on-one assistance to help individuals navigate their finances, improve their financial goals, and navigate the financial systems. Services include:

• Create and improve credit

• Financial coaching by appointment

• Financial management skills

• Help navigate financial processes and applications

• Home Stretch Homebuyer Workshop: An 8-hour workshop that educates and informs future homeowners to help them understand the homebuying process. The training includes information about the process of buying a home and access to down payment programs.

• Gain access to supplemental resources such as the Lending Circles (Tandas) program. The Lending Circles program provides a secured loan, without cost or interest, to establish or build credit and improve the way individuals manage money.

• Small business support for entrepreneurs or those interested in becoming business owners. Offers support to business owners by evaluating and organizing their finances.

• Tax preparation for people with low or medium income during the tax season

• Foreclosure Prevention: Helps individuals avoid foreclosure when they're struggling to make mortgage payments. Counselors: review current finances to give a clear idea of options, works with individuals to submit paperwork to apply for mortgage modification, refers to government programs to help save the home, assists with postponing the sheriff's sale to enable more time to work out a mortgage solution.

?- Homebuyer Counseling: Helps individuals set themselves up for long-term success for buying a home. Counselors will: assess the financial situation, address barriers such as credit and debt, determine if an client is ready to buy and help calculate what they can afford, share information on current mortgage loan programs, and refer to down payment and closing cost assistance programs.

• Reverse Mortgage Counseling: Advises individuals on reverse mortgages which allows older adults who have equity in their homes to obtain cash from their homes without selling them in order to pay for home health care and other needed services. Reverse mortgage counseling is available by phone throughout Minnesota or in person at the Brainerd, Duluth, Minneapolis, and Willmar locations only.

Potential homebuyers can educate themselves by participating in one of Dakota County Community Development Agency's homeownership courses such as:

• Home Stretch Homebuyer Education Program: Teaches homebuyers about the entire home buying process from beginning to end and the responsibilities of owning a home. Courses are offered monthly with a total of 9 hours.

• Pre-Purchase Counseling: Free individual advising to households purchasing a home in Dakota County and have completed the Home Stretch course. Counseling assists homebuyers in developing a plan to become successful homeowners, save for a down payment, or repair their credit history.

• Refinance Counseling: Provides one-on-one counseling sessions to homeowners with an opportunity to compare their current mortgage against a refinanced mortgage

• Down payment/closing cost assistance

• Home Stretch Workshops

• Counseling Service

• Lenders/Realtors/Insurance/Inspectors

• Koochiching County contact Sharon Frank at 218-283-9491 or 800-559-9491

Section 8 Home Ownership

• Available to eligible Housing Choice Voucher (Section 8) participants
• Allows the voucher subsidy to be applied toward monthly mortgage payments instead of rent
• Participants must meet program requirements, including income, employment, and home-inspection standards

First-Time Homebuyer Program

• Eligible if you have not owned a home within the last three (3) years
• Must meet income guidelines
• Minimum required credit score: 640
• Offers loans to qualifying first-time homebuyers

Homes and Lots for Sale

• Availability, locations, and income requirements vary by project
• Occasionally, partners with local communities on housing development projects where lots or homes may become available for purchase

Financial Education program which offers individuals the opportunity to learn the basics of creating a budget, banking, building credit, and the importance of saving. Services include:

• Financial Coach: Provides one-on-one service to help individuals create a budget, review credit reports, work on financial goal planning, and learn how to move toward financial stability and independence

• Home Stretch: Partnership with MN Housing and MN Homeownership Center; an 8-hour class that walks through all of the steps of purchasing a home. Individuals will hear from realty, lending, and home insurance professionals.

Provides the following:

• Understanding of the mortage loan process

• Home ownership counseling