City of Brooklyn Park – NSP Foreclosure Recovery Rehabilitation Program
The city of Brooklyn Park is working in conjunction with many other organizations to purchase and renovate vacant/foreclosed properties in the city. The homes are sold by the city at affordable prices to help promote quality homeownership in updated properties (modern updates, energy efficient windows/appliances and revitalized landscaping).
Those interested in purchasing one of these properties have the potential to receive financial assistance of $7,500 or more. In order to be eligible, applicants must be a legal U.S. citizen and they must earn 120% or less of the area median income.
Applicants cannot have ownership interest in other properties and the property must be the primary residence. Lastly, applicants must attend a Neighborhood Stabilization Program training course.
- Home must be rehabilitated property located in Brooklyn Park.
- Borrowers could qualify for more than $7,500 in assistance.
- Home must be applicant’s primary residence.
Buying your first home can be overwhelming. Let us help! We are committed to finding you any grant monies or assistance programs available to you. Our buyer agent services are FREE! Please contact us for more information. We have assisted hundreds of first time home buyers and look forward to the opportunity to assist you!