Phase 3! The Northfield Housing and Redevelopment Authority (HRA) and Three Rivers Community Action are now actively recruiting homeowners for Phase 3 of the Home Matters 2.0 Neighborhood Revitalization program.
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 $1:$1
Total maximum grant to the homeowner of $7,500
No-interest loan funds of up to $7,500 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 Cherry Park neighborhood in Northfield. The target neighborhood is a 15 block area west of Highway 3. The neighborhood is bordered by Plum Street to the West, the railroad tracks to the East, Greenvale Avenue to the North and 5th Street to the South. If your house is within the yellow zone 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 Countymedian 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.