Minnesota Housing
Coverage of Minnesota Housing in the Nexus archive.
- Are you a first-time homebuyer in Minnesota? Here are some assistance programs to help you out.
While buying a home can be difficult for first-time buyers, Minnesota offers several assistance programs to help cover upfront costs. Minnesota Housing's Start Up program provides an $18,000 down payment loan with 0% interest, which is generally only due if the buyer moves out or changes residence status. Experts advise buyers to investigate various county and city programs, such as those in Scott and Hennepin counties, potentially combining them for maximum aid.
- Minnesota providers prepare to expand homelessness prevention as $40 million rolls out
Minnesota organizations will expand homelessness prevention with a $40 million investment in the Family Homeless Prevention and Assistance Program (FHAP). The funding will assist 11,000 households by covering past-due rent, deposits, and utilities, with Catholic Charities Twin Cities in Ramsey County receiving $60,000 to help families avoid eviction and shelter entry.