Own a Home in Brooklyn Center

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Hennepin County Down Payment Assistance Program

The Hennepin County Housing and Redevelopment Authority (HCHRA) has created a Home Buyer Assistance Program to provide down payment financing to assist buyers interested in a purchasing a home in Hennepin County.

Requirements include:
- Must be a first-time home buyer
- Borrower's gross household income must be at or below 115% AMI
- Borrower(s) must take required education classes within one year prior to purchase

For more information, including full eligibility requirements, loan terms, use of funds, eligible properties and more, call (651) 292-8710, email hello@nwhomepartners.org or online at Hennepin County HRA Homebuyer Assistance Program

Habitat for Humanity

Benefits of Buying with Habitat:

Affordable mortgages available through TCHFH Lending, Inc.
No down payment, no mortgage insurance
Eligible credit scores: 620+ preferred (580 minimum with financial coaching)
30-year mortgage with 3.0% fixed interest rate for the term of the mortgage*
Affordable mortgage payments at or below 30% of your income
Closing cost grants
One-on-one financial coaching
Home buyer education courses (required)
Closing cost and affordability assistance options available

Homeownership Opportunity Alliance

Network of nonprofits with advisers to assist you with home ownership.

Homeownership Opportunity Alliance
(612) 236-8522
www.homeownershipopportunityalliance

Homebuyer Program for Low & Moderate Income Households

The City of Brooklyn Center offers a financial assistance program for homeownership funded by the Community Development Block Grant (CDBG) program. The Homebuyer Program provides financial assistance for low and moderate income households to become homeowners.

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