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.
Any organization interested in applying for Homeownership Capacity funding is strongly encouraged to attend the Homeownership Capacity RFP Review scheduled for Tuesday, February 10 at 2:00 p.m. Click here
If your organization intends to apply but is not able to attend the webinar, please contact Ruth (Hutchins) DuBose
All applicants must complete the following:
Request for Proposal (RFP) - release date of February 9, 2015
Workbook - release date of February 9, 2015
One hard copy of the completed Homeownership Capacity RFP, Workbook, and other requested documentation, if applicable, must arrive to Minnesota Housing's office
by 3:00 p.m. on Tuesday, March 17, 2015 to the attention of Ruth DuBose.
If you are a potential homebuyer interested in learning more about the Targeted Mortgage pilot program, please contact one of our Homeownership Capacity providers to see if you are eligible.
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.