First-Time Homebuyer Program

Assistance for First-Time Homebuyers
The Northfield HRA is excited to provide first-time homebuyers with the opportunity to receive assistance towards a down payment or closing costs. We provide up to $15,000 in a zero interest, deferred loan that is payable when the homeowner sells or refinances the first mortgage.

First Time Homebuyer Application

Buyers must meet income guidelines, be first-time homebuyers and purchase a home within the city limits. Single family homes, townhomes, or condominiums all qualify for this program.
Income eligible households must be at or below 80% of area median income for Dakota County. Amount of award is dependent on need and funds available.

HRA House

As of May 2018

Family Size
50% of AMI Income Limits 80% of AMI Income Limits
1        $33,050
2        $37,750               $57,550
3        $42,450               $64,750
4        $47,150               $71,900
5        $50,950               $77,700
6        $54,700               $83,450
7        $58,500               $89,200
8        $62,250               $94,950