Homeownership Resources / Programs
The Scott County CDA participates in the START UP & STEP UP through the Minnesota Communities Participation Program and the Mortgage Credit Certificate Program. More information is available from Minnesota Housing.
Single Family Housing Guaranteed Loan Program - US Rural Development
What does this program do?
This program assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas. Eligible applicants may build, rehabilitate, improve or relocate a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural homebuyers.
To apply for this program, please contact a local mortgage lender. USDA does not endorse any specific private sector lenders. This list of Approved Lenders is not all inclusive of all participating lenders.