Affordable homeownership units

We help create affordable homes in the city with programs to buy, fix and build property.

Minneapolis Homes: Financing 

The goal of the Minneapolis Homes: Financing program is to eliminate racial disparities in homeownership and develop one to 20 units of ownership housing affordable and accessible to low to moderate income households throughout the City of Minneapolis. The program has a yearly competitive application process to sell City-owned properties and provide financing for affordable ownership developments that meet City goals. 

Additional training resources

Developers Technical Assistance Program (DTAP) 

  • Free support for small and emerging developers
  • Classes, workshops and consulting services

Urban Land Institute’s Real Estate Diversity Initiative (REDi)

Local Initiatives Support Corporation (LISC)

  • Learn what it takes to put together a successful development. This program is available to people of color and women. 
  • Provides equity and resources for the implementation of an actual development project to small developers of color through a competitive RFP.

Read about LISC

Documents

Program form documents for funded developers
Show response

Contact us

Tara Thompson

Community Planning & Economic Development

Phone

612-673-5756

Address

Public Service Building
505 Fourth Ave. S., Room 320
Minneapolis, MN 55415

Minneapolis Homes: Build or Rehab

Community Planning & Economic Development

Address

Public Service Building
505 Fourth Ave. S., Room 320
Minneapolis, MN 55415

Community Planning & Economic Development (CPED)

Address

Public Service Building
505 Fourth Ave. S., Room 320
Minneapolis, MN 55415