14:19Thursday, 15 July 2021
Housing is an essential asset for any community. This helps improve wealth, stabilizes the tax base, and helps businesses decide whether to move to cities. To keep the neighborhood looking good, Brooklyn Park offers a variety of home loan programs, including forgivable ones. There are modernization or emergency repair loans for current homeowners, as well as special opportunities for seniors 62 and older. There is even a loan option for current or potential rental property owners. And first-time homebuyers can get down-payment assistance to help close certain housing gaps in the city. Funding for these programs resumes in January of each year, and loans are available until funds run out for each program. Go to http://www.brooklynpark.org/home-improvements for more information.