Minneapolis Advantage Program
Like many cities across this nation, Minneapolis has experienced foreclosures and the effects of vacant homes in our neighborhoods. The City of Minneapolis created the Minneapolis Advantage Program to help potential buyers purchase a home in areas challenged by foreclosure and bring people back on the blocks. In 2012, the program offers about 25 loans that can be used to pay for closing costs, down payment, or even small repairs to the home.
Funding is limited and income eligibility requirements apply. Loans will be given on a first come, first serve basis and are for purchasing homes in eligible neighborhoods.
For more information
Contact the Greater Metropolitan Housing Corporation or call 612-588-3033.