Housing Assistance

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New Emergency Homeowners' Loan Program for homeowners in danger of foreclosure

updated: Tuesday, March 20, 2012

The Emergency Homeowners' Loan Program (EHLP) is a first-of-its-kind program that will offer up to $50,000 in interest-free, forgivable loans to Minnesota homeowners in danger of foreclosure due to involuntary unemployment, underemployment or medical issues.  Those wishing to participate in the program must act fast.  The deadline...


Live Where You Work

updated: Tuesday, January 17, 2012

Once the employee obtains a mortgage from a participating lender, the grant can be used to help finance a down payment, closing costs and gap financing. The program not only gives workers an opportunity to own a home close to their job, it increases employee loyalty, retention, and morale, and creates a positive community building environment for...