Homeownership Capacity is a pilot program that provides financial support to eligible non-profit and government organizations that provide intensive financial empowerment and homeownership training to emerging markets (i.e. households of color or Hispanic ethnicity) and low-income renters who have the goal of homeownership.
The Emergency Homeowners’ Loan Program (EHLP) is a federally funded counseling and mortgage payment relief program providing up to 24 months of payment assistance to homeowners facing foreclosure as a result of a substantial reduction in income due to unemployment, under employment, or as a result of a medical emergency. The deadline to submit an application has passed.
The Minnesota Urban and Rural Homesteading Program (MURL) is designed to stop or prevent the spread of blight by financing to acquire and rehabilitate dilapidated single family housing. Homes are sold to at-risk borrowers, who agree to follow a “good neighbor” policy, via an interest-free contract for deed. The following manuals and forms are for the use in portfolio management of current administrators. New MURL funding is currently unavailable.
For more information, please contact Margaret Kaplan at 651.296.3617.