Home Ownership Assistance - Minnesota Urban and Rural Homestead Program (MURL)
1210 23rd Ave S, Waite Park, MN, 56387
Distance: 1092 Miles
Home ownership program that offers financial assistance to make home purchases more affordable for those that meet eligibility requirements
Minnesota Urban and Rural Homestead Program (MURL) homes are sold for no profit, without interest and to households who could not otherwise afford a home.
Homes are sold as a contract for deed to qualified applicants.
- Community Action Partnership
- People with low income
Must be a first-time, at-risk homebuyer
Homes for sale are in Benton, Stearns and Sherburne counties
8:00am - 4:30pm, Monday - Friday
Benton, Sherburne, and Stearns counties
|Toll Free||(888) 765-5597|
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.
BH-7000.8100-900Urban Homesteading Definition
A federal program administered by HUD that allows low-income families to purchase abandoned single-family dwellings owned or acquired by HUD through defaults on government insured mortgages and which have the potential to be repaired for habitation. Qualified families may purchase the dwellings for a very low price (usually one dollar) but are required to make necessary repairs and live in the homes for three years before receiving full title to the property. Also included are similar programs administered by other public entities.
FT-3300Homesteading Assistance Definition
Programs that provide assistance for people who want to file under the homestead exemption laws which allow a householder or head of family to designate a house and land as his or her homestead and exempt that homestead from execution and forced sale to pay for his or her general debts as long as the land is occupied as a home.
YL-3300.4500Low Income Definition
Individuals or families whose annual income is between 150 and 200% of poverty level for their family size.
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.
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.