down payment assistance
Coverage of down payment assistance in the Nexus archive.
- Are you a first-time homebuyer in Minnesota? Here are some assistance programs to help you out.
While buying a home can be difficult for first-time buyers, Minnesota offers several assistance programs to help cover upfront costs. Minnesota Housing's Start Up program provides an $18,000 down payment loan with 0% interest, which is generally only due if the buyer moves out or changes residence status. Experts advise buyers to investigate various county and city programs, such as those in Scott and Hennepin counties, potentially combining them for maximum aid.
- Rogers defends Trump policies while pitching affordability fixes at Mackinac Policy Conference
Mike Rogers, a former U.S. Rep from Michigan, proposed tax-free down payment savings and credit score adjustments for rent payments to address housing affordability at the Mackinac Policy Conference. He defended President Trump's actions in Iran, citing the need to prevent Iran from 'getting overboard,' while linking Trump's policies to rising oil prices and supply chain issues.