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

First Time Homebuyer Application - Spanish

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 2022

Family Size
50% of AMI Income Limits 80% of AMI Income Limits
1        $41,100
              $62,600
2        $46,950               $71,550
3        $52,800               $80,500
4        $58,650               $89,400
5        $63,350               $96,600
6        $68,050               $103,750
7        $72,750               $110,900
8        $77,450               $118,050