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Housing Programs
First-Time Homebuyer
Buying a home is more affordable than you might think! In Moorhead,
our down payment assistance and below-market interest rate financing
programs are available to help first-time home buyers. Check out
program details
to see if you might qualify. With several local lenders offering
these programs, you can work with the participating lender of your
choice without a lot of extra steps.
Stonemill Financing Opportunities
Home Improvement Programs
If you already live in Moorhead, you'll find a number of funding
options to update, improve or repair your home:
Minnesota Fix Up Fund and the Community Fix Up Fund: Offered
by local lenders in partnership with Minnesota Housing Finance
Agency, these funds have varying interest rates, usually below
market. City of Moorhead Home Rehabilitation Loan: This no-interest
loan program, available for income-eligible homeowners, requires
no repayment until the owner moves from the home.
No-Interest Home Rehabilitation
Loan Program Preliminary Application Checklist
Subordination Request Form (PDF)
Subordination Request (Word)
View the summary
of eligibility criteria for these programs.
Homestead Tax Credit
Minnesota values homeownership! Property taxes on owner-occupied
homes are reduced through a Homestead Tax Credit of up to $304,
depending on the property value of the home. To apply for the Homestead
Tax credit download the application
form.
Housing Links
Find more information about housing finance programs. Visit these
links:
U.S. Department of
Housing and Urban Development
Minnesota
Housing Finance Agency
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