Over $1.2 Million Available to Assist First-Time Home Buyers

WABASHA, Minn. (KWNO)-The Southeastern Minnesota Multi-County Housing and Redevelopment Authority (SEMMCRAH) announced recently that Winona, Wabasha, Dodge, and Goodhue Counties received an allocation of over $1.2 million to assist first-time homebuyers on a first-come, first-serve basis.

Qualified first-time buyers who meet income requirements may be eligible to receive assistance with the down payment or closing costs. The funds can be used to buy a new or existing home limited to a price of $311,900.

The funds are available for residents of the eligible counties who do not reside within the cities of Winona and Red Wing. A press release SEMMCRAH points out homebuyer education courses are required for some state housing assistance loans.

To obtain a list of local participating lenders, program requirements or information on homebuyer education & counseling, homebuyers can contact the Southeastern Minnesota Multi-

To obtain a list of local participating lenders, program requirements, or information on homebuyer education & counseling, homebuyers can contact the Southeastern Minnesota Multi-County Housing and Redevelopment Authority and talk with Tressa at 651-565-2638, ext. 204 or email tsauke@semmchra.org.

Information is also available at www.semmchra.org.