This home was developed in partnership with the Fond du Lac Band of Lake Superior Chippewa, and is available for purchase exclusively by enrolled Band Members.
Beautifully updated home has market value of $200,000 but is being sold $40,000 below market value to income qualified households who are enrolled FDL Band Members. Additional downpayment assistance of up to $15,000 available through the Greater Minnesota Housing Fund to qualified buyers based on need, which could lower the mortgage amount to $145,000.
Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $53,350 (1); $60,950 (2); $68,550 (3); $76,150 (4); $82,250 (5); $88,350 (6) $94,450 (7) $100,550 (8).