Thursday, January 17, 2013

SE Como Home Buyer Loan Program

The Southeast Como Neighborhood in Southeast Minneapolis has announced that it is offering $5000 forgivable Homebuyer Incentive Loans toward down payment and closing costs. The loans come from Neighborhood Revitalization Program (NRP) funds and are available to anyone who purchases a 1-4 unit property in the SE Como neighborhood. There are no income limits; the only eligibility requirement is that the buyer be an owner-occupant of the property. The loans are at a 0% fixed rate and forgivable in annual increments over 7 years. 

 For more information, contact Rachael Rupp at 612-335-5830 or rrupp@mncee.org or visit http://mncee.org/find-programs-financing/se-como-home-ownership-program/.    
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