The Northfield Housing and Redevelopment Authority (HRA) and Three Rivers Community Action are now actively recruiting homeowners for Phase 2 of the Home Matters 2.0 Neighborhood Revitalization program. The pilot project in Veterans Park was a huge success, and funds have been secured to assist ten or more homeowners in the Washington Park neighborhood.
We have assembled financing for the purpose of making home improvements that will stabilize the neighborhood, increase energy efficiency, address health and safety concerns and/or add alternative energy components.
The program provides qualified applicants with:
Grant funds matching the homeowner’s contribution $2:$1
Total maximum grant to the homeowner of $10,000
No-interest loan funds of up to $5,000 are also available for borrower’s contribution
Funds are limited and available on a first-come, first-served basis to homeowners who meet ALL program guidelines.
Does my home qualify for this program?
Homes must be located within the targeted Washington Park neighborhood in Northfield. The target neighborhood is the 20 block area south of downtown Northfield. The neighborhood is bordered by Division Street to the West, Winona Street to the East, 4th Street to the North and Woodley Street to the South. If your house is yellow on the map below, you may be eligible for this program!
What does "qualified household" mean?
Households are eligible for funds if their current gross annual income is less than 80% of the Rice County median income. Incomes from all adults in the home must be verified and documentation must be provided at the time of application. Income from ALL sources must be documented, including salary, commissions, bonuses, tips, part-time employment, interest, pensions, VA compensation, public assistance, social security, unemployment, rental income, alimony, child support, estate or trust income, and seasonal income.