Northfield Housing and Redevelopment Association (HRA)
Home Ownership Assistance
801 Washington St, Northfield, MN, 55057
(507) 645-3047
https://www.northfieldmn.gov/209/First-time-Homebuyer-Program
Service Details
Description
Home ownership program that offers financial assistance to make home purchases more affordable for those that meet eligibility requirements
Additional Information
The First-Time Homebuyer Program provides income-eligible first time homebuyers with the opportunity to receive down payment or closing cost assistance
Features
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Area Served by County
- Rice County
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Specialization
- Family
- People with low income
Eligibility
Qualified buyers must:
* Meet income guidelines
* Be first-time homebuyers
* Purchase a home within the Northfield city limits
Area Served
City of Northfield
Websites
Phone Numbers
| Type | Number | Hours |
|---|---|---|
| Main | (507) 645-3047 |
Last Update
3/26/2024
Other Locations
This provider does not offer this service at other locations.
Other Services or resources
Taxonomy Terms Used: Clicking a taxonomy term from the list below launches a new search.
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BH-3500.3400-250First Time Buyer Home Loans Definition
Programs that provide low interest down payment/closing costs loans and/or home purchase loans for people with low incomes who are purchasing a home or a condominium for the first time. These loan programs generally require that the property be used as a primary residence; allow lower down payments, assistance with closing costs and alternative credit; and often require participation in home buyer training classes.
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YL-3300.4500Low Income Definition
Individuals or families whose annual income is between 150 and 200% of poverty level for their family size.
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YL-3300.6500Poverty Level Definition
People whose annual income is within the federal poverty level guidelines which vary according to family size and are revised annually.
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YM-2900.2000First Time Homeowners Definition
People who have purchased or are in the process of purchasing a home or condominium for the first time.