Minnesota Housing Homeownership Assistance Fund (HAF)

Description: Minnesota Housing provides eligible homebuyers who qualify for a Minnesota Housing loan to receive an interest-free, deferred loan to help with down-payment and closing costs through the Homeownership Assistance Fund (HAF). First time homebuyers interested in down-payment and closing costs assistance should contact a Minnesota Housing participating lender prior to signing a purchase agreement. You may be eligible for the HAF, if you meet one of the following criteria:

Borrowers eligible for the CASA program
Qualify as an eligible target market
Household earning 60% (or less) of area median income

HAF Entry Cost Assistance provides up to $3,000 to help borrowers with down payment or closing costs. HAF Monthly Payment Assistance provides up to $75 per month to help pay a portion of the monthly mortgage payment in the early years of the mortgage (available only with the Community Activity Set-Aside Program).

For more information, contact:
Minnesota Housing
Phone: 651-296-8215
Web: http://www.mnhousing.gov/

Add this page to your favorite Social Bookmarking websites

“In the summer, you can see the stars and hear crickets at night! We spend lots of time outside, exploring the bluffs with our 2 young children and dog. There is a wonderful cross-section of young and old; families and singles and the area is racially vibrant. We LOVE our neighborhood.”

-Paige
West Side neighborhood, Saint Paul

Submit your testimonial

Subscribe to Newsletter