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Hennepin County Home Buyer Assistance

Geographic Service Area: 
Specific census tracts located within: Brooklyn Park, Brooklyn Center, Champlin, Maple Grove and Rogers/Hassen Township
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.