City employees can participate in townhome Lease to Own program

City employees who qualify for public housing have the opportunity to own a two-bedroom Sumnerfield Townhome unit thanks to a Lease to Own program that allows first-time homebuyers to have a portion of their rent applied toward homeownership.

The Lease to Own program makes it possible for individuals to purchase their first home by:

The Sumnerfield Townhomes are located in Heritage Park, a new 900-housing-unit development on Minneapolis' near northside on the western edge of downtown. The 145-acre site includes single-family homes, duplexes, garden apartments, townhouses and carriage houses. To view photos of the townhomes, go to http://www.mphaonline.org/ and click on "Sumnerfield Townhomes Brochure."

To be eligible for the lease to own program, participants must:

If you meet these basic criteria and would like to apply, please call the Minneapolis Public Housing Authority (MPHA) homeownership information line at (612) 342-1482. Applications will be accepted until all units are filled.

For general information about the Lease to Own program, visit MPHAs website at http://www.mphaonline.org/.

The Lease to Own program is made possible through the use of American Recovery and Reinvestment Act funds and MPHA’s Moving To Work Authority.

Aug. 3, 2011

Published Aug. 3, 2011