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 $15,000 in a zero interest, deferred loan that is payable when the homeowner sells or refinances the first mortgage.
Eligibility Buyers must meet income guidelines, be first-time homebuyers and 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.