Encouraging home ownership is perhaps the most important, he said. When we own our home, we become invested in our community, said Apple Valley Mayor Mary Hamann-Roland. Contact Fannie Mae s Consumer Resource Center at 1800-7fannie to discover more about HouseMinnesota or other products. Downpayment The Dakota County CDA also makes available assistance in downpayment and closing costs to buyers using the First Time HomeBuyer Program. The loan is paid back at the end of the 30-year mortgage or when the house is sold or refinanced.
Eligibility is based on gross household income adjusted for family size.