HRA Homes For Sale

Morgan Hopkins, Realtor® at Coldwell Banker Northwoods Realty is proud to list these five incredible new properties for sale. 

These newly constructed homes offer an incredible opportunity for income-qualified buyers in the Grand Rapids, Minn. area. You can view each of the properties in detail by clicking on the respective image below:

               

     

707 NW 7th Avenue                 740 NW 8th Avenue

       

710 NW 8th Avenue                   712 NW 8th Avenue                 711 NW 7th Avenue                                                                              

 

To qualify:

Buyers must owner-occupy, fit the income restrictions (household income limit of $89,500), and satisfy program guidelines for the land trust through 1 Roof Community Housing. The land is leased for $36/month for 99 years and can be renewed. Please see the links below for more information about the land trust model.

To apply:

• Complete the Land Trust program application: One Roof Community Housing - Community Land Trust Application (tfaforms.com)
• Complete the “Homestretch” curriculum, an 8-hour homebuyer education class offered by One Roof or through Kootasca Community Action (Homebuyer Education & Counseling – KOOTASCA).
• Attend a Community Land Trust program orientation session.
• Obtain a mortgage pre-approval from a participating lenderand submit your income documentation verification to Itasca County Housing and Redevelopment Authority

Land Trust Model Information

• How CLT Homeownership Compares to Market Rate Homeownership
• Community Land Trust Program - Grand Rapids
• Community Land Trust Home Re-Sale Process

Questions? Please contact Morgan Hopkins at (218) 244-3415 (cell) or morganhopkins218@gmail.com or stop by Coldwell Banker Northwoods Realty at 812 S. Pokegama Avenue in Grand Rapids.