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Application for Funding ADDI - Minnesota Housing - mnhousing

Application for Funding ADDI - Minnesota Housing - mnhousing 2025

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The document outlines the terms and conditions of the HOME Homeowner Entry Loan Program (HOME HELP) for low-income borrowers seeking downpayment and closing cost assistance from the Minnesota Housing Finance Agency. It specifies eligibility criteria, including income limits, property price caps, and minimum property standards. Borrowers must reside in the purchased property for at least five years and repay the loan under certain conditions if they cease to occupy it or sell the property.

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Click ‘Get Form’ to open it in the editor.
Begin by filling in the Borrower and Co-Borrower information, including last names, first names, and middle initials. Ensure accuracy as this information is crucial for identification.
Enter the Property Address details, including city, state (MN), and zip code. This section is essential for determining eligibility based on location.
Review the income requirements carefully. Confirm that your family’s annual income does not exceed 80% of the area median income as defined by HUD.
Complete the HOME HELP Household Information section by listing all household members, their ages, and whether they receive any income. This helps assess your financial situation.
Sign and date the Borrower and Co-Borrower Signature sections to finalize your application. Make sure all signatures are collected before submission.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What disqualifies you from public housing in MN?

Criminal Background Convictions for Meth Production. Sex Offenders. Other Criminal History. Drugs. Note for Minneapolis: You are not eligible for public housing in Minneapolis for 5 years after an eviction for drug-related criminal activity. Alcohol.

What is the rapid housing program in Minnesota?

Rapid Rehousing is a short term program designed to provide youth with housing for up to 24 months while supporting them in building skills and increasing income to successfully maintain housing after completing the program.

Who qualifies for affordable housing in MN?

In general, households must have an income at or below 50% of the area median income to qualify for Section 8 housing. However, some housing authorities may have different income limits based on the local housing market conditions.

How do I contact Minnesota Housing?

Minnesota Housing is open for business Monday through Friday from 8 a.m. to 5 p.m. Please make sure someone is expecting you before coming into our office as many staff are teleworking. You can call us at 651.296. 7608 or 800.657.

Who is eligible for the Minnesota Window Replacement Program?

Households that have received Temporary Assistance for Needy Families (TANF) or Supplemental Security Income (SSI) within the last 12 months are eligible. Priority is given to households with elderly or disabled members, hous eholds with children under age 19, and households determined to be high energy consumers.

What is the Minnesota Housing Program?

Housing Support (previously known as Group Residential Housing, or GRH) is a state-funded income supplement that pays up to $1,170 per month in group settings and $1,220 per month in community settings for housing and food costs as of July 1,2024.

Application for Funding ADDI - Minnesota Housing - mnhousing 2025

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