Twin Cities Habitat for Humanity has developed a new program to help first-time homebuyers who have faced barriers to buying a home through traditional mortgage lenders. 

Under the program, homebuyers can buy on the open market using Habitat’s affordable, fixed-rate mortgage. They can work with the realtor of their choice, complete Habitat’s homeownership education and buy a home in their preferred neighborhood or city. The new program reaches a broader income range, including those who may think their income is too high to qualify. Households earning $40,000-$80,000 are eligible to purchase a home in Habitat’s redesigned homeownership program. 

The program revolves around a 30-year fixed-rate mortgage with monthly payments set to no more than 30 percent of income. Down payment assistance may be available. The mortgage program was made possible by a partnership with Bremer Bank.

“The need to open access to housing has never been greater, especially for first-time homebuyers and underserved populations,” said Chris Coleman, president and CEO of Twin Cities Habitat and the former St. Paul Mayor. “We are excited about the mortgage program’s ability to serve residents throughout the metro area.” 

Coleman noted that one in four Minnesota households are cost-burdened, paying more than 30 percent of their income on housing. There is also an ethnic gap in home ownership.

Minnesota’s ethnic gap in homeownership is among the worst in the nation. Seventy-six percent of white households own homes compared with 22 percent of Black households. Forty percent of all households of color own homes. 

Interested residents can find more information on the mortgage program at: or by calling (612) 540-5660.

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