With current favorable interest rates, many individuals are thinking about buying or building a home. The Down Payment Assistance Fund is available to prospective homeowners with a household income of not more than 115% of state median income, or $92,500. Qualifying individuals can receive funding for purchasing homes in Kittson, Lake of the Woods, Marshall, Norman, Pennington, Polk, Red Lake or Roseau counties in Minnesota. If approved, qualifying individuals may receive up to $10,000 at low rate of interest, helping them with what they need for a down payment or closing costs on the purchase of a home.

If you would like to hear more about this opportunity, please contact Barbara at 218-637-2435 ext. 126 or email Barbara@nwmnhra.org

Check out their website - www.nwmnhra.org