Hennepin County first time home buyer programs

Hennepin County’s First-Time Homebuyers Program operates on a first-come, first-serve basis. The 2008 Program began operations at mid April, 2008. For additional information on the first-time homebuyers programs, downpayment and closing costs assistance and homebuyer training, contact us below.

Hennepin County NSP Funds

Home must be vacant and foreclosed in specific targeted areas of Brooklyn Park, Brooklyn Center, Champlin, Crystal, New Hope and Richfield. The price must be under $276,683 and be purchased at no more than appraised value. Receive up to $10,000 in incentive funds and possible extra $20,000 for affordability assistance. Up to $14,999 is forgivable if you live in home for 5 years. If the loan is for $15,000-30,000, then you will need to be in the home 10 years. Buyer must contribute $1,000 of their own funds, and must complete a NSP approved Homestretch class.

Buying your first home can be overwhelming. Let us help! We are committed to finding you any grant monies or assistance programs available to you. Our buyer agent services are FREE! Please contact us for more information. We have assisted hundreds of first time home buyers and look forward to the opportunity to assist you!

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