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 $25,000 in a zero interest, deferred loan that is payable when the homeowner sells or refinances the first mortgage.

First Time Homebuyer Application

Eligibility

Buyers must:

  • Meet income guidelines
  • Be first-time homebuyers
  • 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.

  1. Melissa Hanson

    Melissa Hanson

    Housing Coordinator
    Phone: 507-645-3047

As of June 2021

Family Size
50% of AMI Income Limits 80% of AMI Income Limits
1        $36,150
              $55,950
2        $42,000               $63,950
3        $47,250               $71,950
4        $52,450               $79,900
5        $56,650               $86,300
6        $60,850               $92,700
7        $65,050               $99,100
8        $69,250               $105,500