Minneapolis Homes BUY
The first step to purchasing your home is determining your household’s mortgage amount.
- Qualifying for a Mortgage
Connect with a FREE Homeownership Advisor through the Minnesota Homeownership Center to review your credit report, mortgage options, and connect to downpayment and closing cost assistance). If your household is not mortgage ready, this list of financial counseling agencies can assist you with credit repair, budget counseling, and saving for a downpayment.
- Homebuyer Education
Minneapolis Homes financial incentives require homebuyers to attend home buyer education. Low cost home buying workshops are available in multiple languages. Counselors will work with home buyers to determine affordability, credit issues, and make lender referrals.
Homebuyers must complete homebuyer education through:
- The Minnesota Homeownership Center Framework or Homestretch courses
- The Minneapolis Urban League Realizing the American Dream Program
Step 2: Find a home
Minneapolis Homes under construction are listed below, with contact information for the developer. Some Minneapolis Homes have income limits between 80% (currently $65,800) and 115% (currently $98,670) of area median income, adjusted for family size. See the realtor.com posting or ask the developer for more information. Most homes for sale through Minneapolis Homes developers have downpayment and closing cost assistance funds available.
Build Wealth, MN
Noor Development Group L.L.C.
City of Lakes Community
Northside Home LLC
Greater Metropolitan Housing
Project for Pride in Living
Homes Minnesota LLC
Singular Development Resources, Inc.
Sm+RT Homes, LLP
Kayak Properties, Inc.
Twin Cities Habitat for Humanity, Inc.
Prestige Contractors, Inc.
Urban HomeWorks, Inc.
The Minneapolis Homes program does a request for proposal (RFP) process to provide development assistance to Developers.
Developer completed homes are posted on the Minneapolis Homes Buy website to assist with your marketing efforts.
For more information contact Kevin Knase, (612) 673-5231.
Last updated Nov 19, 2018