Minnesota Housing Credits, MN Down Payment Assistance

minnesota_housing_creditsWhen you are able to receive Minnesota housing credits, consider buying your first home–or a home in general–in New Hope, MN. How about that for a name? New Hope. It would look good on your stationery, wouldn’t it?

New Hope is among Minneapolis-St. Paul’s “second-ring” suburbs, so it’s not totally city and it’s not totally rural, either. It’s suburban, and adjacent to several other communities, including

Crystal, Brooklyn Park, Plymouth and Golden Valley.

If you take Golden Valley out of the equation, New Hope’s housing stock is comparable to its neighbors, whereas the price per square foot hovers between $93 and $99. New Hope is on the high end at $99, meaning it’s quite a desirable community to live, work and/or play.

Why not use Minnesota housing credits to buy a home in New Hope? At 20,000 people, it’s not too big or too small– it’s “just right” for a place for families–and breathing room.

Originally formed as a farming community, New Hope is now a nice suburban place to call home. Located in Hennepin County, 12 miles northwest of downtown Minneapolis, you can get there on U.S. Highway 169, a main route in and out of the city.

If you have kids, they should like New Hope’s parks and recreation amenities, including the outdoor pool for summertime and the ice arena for hockey in the winter. There’s also a pickleball court, a “sk8 pad” for skateboarders, and gyms for working out.

Nearly every New Hope home is within a quarter-mile of a city park. Cool, huh? New Hope maintains 20 city parks with a total of more than 200 acres of green space. The crown jewel of the city’s park system is the 65-acre Northwood Park on Boone and 38th avenues.

New Hope is also home to privately run recreational facilities including a Lifetime Fitness and a YMCA, both located in the City Center area near Winnetka and 42nd avenues.

A family-oriented, suburban place, New Hope represents the best of American living these days. Use Minnesota housing credits to get yourself a house there; call Lake Area Mortgage today at 651-209-2900 to ask about financial assistance to “make it so!”

2 thoughts on “Minnesota Housing Credits, MN Down Payment Assistance

  1. Tia

    Hi,

    I’m in the process of looking and buying a home.

    I’m curious as to why you would advertise about the MN HOUSING credit and MN housing assistant program. Why do you advertised about NEW HOPE? What is special about NEW HOPE or St. Anthony that a person should buy a home there? What is the special benefit for being a home owner there?

    Thanks.

    Sincerely,

    Tia

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