Hennepin County Home Buyer Assistance
Geographic Service Area:
Specific census tracts located within: Brooklyn Park, Brooklyn Center, Champlin, Maple Grove and Rogers/Hassen Township
Income Limit:
Program Details:
The incentive assistance for households 81% to 120% of the AMI is $10,000.
The assistance will be in the form of a forgivable, deferred (no monthly payments), 0% interest loan with a term of five or ten years depending upon how much assistance is recieved.
Eligible Properties are single family housing (detached, townhomes, condos) to be occupied as a principal place of residence located within an eligible census tract.
Property must be vacant and foreclosed (lender owned).
Purchase price at or below $276,683 (120% AMI households).
Primary financing must be a prime, fixed rate first mortgage loan.
Contact 612-543-0046 or visit www.hennepin.us/hba for more information.
Listings that qualify for this program:
| Title | City | Price | Property Type | |
|---|---|---|---|---|
|
5453 Bryant Ave N | Brooklyn Center | $125,000 | Single Family |
|
|
521 62nd Ave N | Brooklyn Center | $105,000 | Single Family |
|
7401 18th Ave S | Richfield | $157,000 | Single Family |
Homebuyer Stories
Something of Great Value
“Before I bought this house,” laughed Jackline Mukiibi, sitting on the couch in her new home in Minneapolis’ Folwell neighborhood, “the most expensive thing I’d ever bought without student loans was my laptop computer. It feels like I own something of great value.”
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