Homeownership Assistance Fund
The Homeownership Assistance Fund supports the creation of homeownership opportunities through new construction, homebuyer assistance, and other activities.
The fund is designed to help income-qualifying residents from communities with lowest homeownership rates to buy a home.
Hennepin County’s downpayment assistance program begins
Hennepin County residents can now qualify for assistance to purchase their first home.
The Hennepin County Housing and Redevelopment Authority created the Homebuyer Assistance Program to reduce racial disparities in homeownership. As the program administrator, NeighborWorks Home Partners will provide financing for down payments and other costs to assist buyers interested in purchasing a home to have as their principal place of residence in Hennepin County. This program started on March 4, and is estimated to be available through 2025.
Interested homebuyers can find more information at NeighborWorks, or by contacting NeighborWorks at hello@nwhomepartners.org or 651-292-8710.