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Rice County Housing and Redevelopment Authority

Home Ownership Assistance

320 3rd St NW, Rice Co. Gov't Services Bldg, Faribault, MN, 55021

(507) 333-3787

Website

https://www.ricecountymn.gov/DocumentCenter/View/918/Affordable-Mortgages-Cities-Participation-Program?bidId=

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 Minnesota City Participation Program (MCPP) offers help to income-eligible first time home buyers to purchase a home.


Features

  • Area Served by County
    • Rice County 
  • Specialization
    • Family 
    • People with low income 

Eligibility

You must:
* Be a first-time homebuyer (or have not owned a home in the last 3 years)
* Have copies of your federal income tax returns for the past 3 years
* Have decent credit
* Live in the home within 60 days of the closing of your mortgage
* Meet the requirement for income and home purchase limits


Area Served

Rice County


Websites

https://www.ricecountymn.gov/DocumentCenter/View/918/Affordable-Mortgages-Cities-Participation-Program?bidId=

https://www.ricecountymn.gov/329/Rice-County-Housing-Redevelopment-Author

Phone Numbers

Type Number Hours
Main (507) 333-3787

Last Update

8/21/2024

Other Locations

This provider does not offer this service at other locations.

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