Goodhue County has authorized the creation of the Goodhue County Workforce Housing Assistance Program. The program is designed to promote home ownership within Goodhue County. The assistance is in the form of a low interest, 5-year installment loan. Qualified home buyers will be served on a first come, first serve basis.
Qualified Home buyers will:
- Have a credit score of 640 or higher
- Be pre-approved with a lender
- Provide $500 in own funds towards the down payment or closing costs
- Meet income limits (1-2 Person-$88,600, 3+ Person-$101,890)
- Be purchasing a home in Goodhue County, excluding the City of Red Wing
- Have one member of household working at least 30 hours per week
For more information, please contact Tressa Sauke at SEMMCHRA at (651) 565-2638 ext. 204 or email tsauke@semmchra.org.
This is an equal housing opportunity program.