Tag Archives: purchasing home

Minnesota Housing Authority

minnesota_housing_authorityThe Minnesota Housing Authority is set up to help Minnesotans obtain safe, decent and affordable housing. Investing hundreds of millions of dollars to preserve federally-subsidized rental housing as well as promote home ownership, the Minnesota Housing Authority ideally wants to prevent and end homelessness in the state. Is it a lofty goal? Yes. But with the right attitude, funding, and promotion, the Minnesota Housing Authority works everyday toward making that goal a reality.

When someone is looking to buy a house in Minnesota, the Minnesota Housing Authority is a great resource, connecting people with information about mortgage loans, home improvement assistance, finding lenders, and preventing foreclosure. Additionally, the Minnesota Housing Authority is always on the lookout for the lowest interest rates so you can benefit!

While most people ideally want to own their own home, some, for various reasons, need rental assistance. Minnesota Housing Authority provides that, helping people look for affordable rental housing/shelter.

The Minnesota Housing Authority is a connector of agencies and people—a middleman of sorts. Connected with homeownership lenders, home improvement partners, and real estate agents, the Minnesota Housing Authority works hard to bring affordable services and financing options to people looking for a good place to live.

One of the latest options the Minnesota Housing Authority offers includes loan amounts up to $50,000! Also available are unsecured loans to help homeowners who need money to pay toward their mortgage bills. With amounts up to $15,000 and no equity needed, these loans might be just what you’ve been looking for/needing to be able to keep living where you live, avoiding the disruption of having to move.

Besides helping first-time home buyers, the Minnesota Housing Authority also helps others refinance through the “Step Up” program.

There really are many wonderful options available to people looking for affordable housing in Minnesota. Connecting with the Minnesota Housing Authority can help you discover options you never knew existed.