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Minnesota Housing Lowers Interest Rates on First-Time Homebuyer Loans to 2.75%

Wed, 03 Oct 2012 14:28:35 -0400

Minnesota Housing lowered its interest rate today on a 30-year fixed rate mortgage to 2.75%. This rate is the lowest rate offered in the agency's history and is currently lower than any other comparable housing finance agency loans in the country.

Special Session Provides Funding for Flood-Affected Presidents in NE Minnesota

Fri, 24 Aug 2012 20:37:24 -0400

Minnesota Housing is now offering financial assistance for residents and rental property owners in Northeastern Minnesota and other areas damaged in the June flooding event who are not eligible for Small Business Administration (SBA) assistance or...

Minnesota Housing Awards More Than $52 Million for Affordable Housing

Thu, 17 Nov 2011 17:39:31 -0500

Today the Minnesota Housing board approved funding awards totaling more than $52 million to assist more than 2,400 households across the state. The funding marks the first investments for the agency's program plan for 2012. The 59 awards were sele...

Reminder to Flood-Affected Homeowners About SBA Flood Relief Deadline

Mon, 06 Dec 2010 17:25:08 -0500

Minnesota Housing would like to remind homeowners in southern Minnesota who sustained flood damage during the September, 2010 flooding that they must apply to the Small Business Administration (SBA) by the upcoming December 14 deadline in order to...

Minnesota Housing Announces $1 Million Award for Foreclosure Prevention Counseling

Wed, 01 Dec 2010 13:34:01 -0500

Minnesota Housing announced a $1 million award to the Minnesota Home Ownership Center today at a foreclosed property on Saint Paul's east side. The award comes at a critical time when federal funding gaps threaten the ongoing work of 74 counselors...

Minnesota Housing Offers Help for Flood-Affected Homeowners

Thu, 21 Oct 2010 11:29:40 -0400

Minnesota Housing is now offering financial assistance for homeowners in southern Minnesota areas affected by the recent flood who are not eligible for federal assistance or need additional assistance. Funding in the amount of $4 million was secur...

Minnesota Housing Announces $2 Million for Energy Saver Rebates

Wed, 29 Sep 2010 17:30:39 -0400

Minnesota Housing announced $2 million of additional federal funds today for energy saving improvements in conjunction with the agency's home improvement loans. This is the third funding phase of this popular energy saving program and funds are ex...

Minnesota Housing Announces Nearly $50 Million for Affordable Housing Developments

Fri, 29 Jan 2010 13:40:07 -0500

Minnesota Housing has awarded nearly $50 million to create or preserve 3,335 affordable housing units across the state. The Minnesota Housing Board of Directors approved the funding for 56 projects through deferred and below-market loans, Housing ...

Minnesota Housing Offers Rebates Up to $10,000 with Home Improvement Loans

Fri, 11 Dec 2009 12:53:29 -0500

Minnesota Housing announced today that it is offering rebates of up to $10,000 for energy saving updates in conjunction with the agency's home improvement loans. The Minnesota Housing Fix-up Fund offers affordable, fixed-rate loans to eligible hom...