Employer Assisted Housing Program

 
 We have outlined 3 different credits or grants that are available to homebuyers
GMHF (Greater MN Housing Finance) Downpayment Assistance
KLN Enterprises & HRA Employer Assistance Fund
Perham HRA's Employer Assistance Fund
(see below)

  GMHF (Greater MN Housing Finance) Downpayment Assistance

 $2,500 at a glance:

  • Available as downpayment assistance to families purchasing new or existing homes in Greater MN (rural or city).
  • GMHF will match local downpayment assistance funds, up to $2,500 per homebuyer.
  • Downpayment assistance funds are provided through an approved local sponsor, in this case, the City of Perham.
  • The acquistion cost limit of the home may not exceed current GMHF limits ($131,000 in 2003).
  • Current limits can be found at www.gmhf.com (GMHF Policies and Forms)
  • To apply, contact HRA representative at City of Perham  (218) 346-4582

    • KLN Enterprises & HRA's Employer Assistance Fund

    KLN has generously contributed to Perham's HRA.  KNL is providing $5,000 per package with the HRA providing an additional $2,000 for a total of $7,000

    • How to qualify for KLN/HRA funds:
      • Income Limits of $56,200-$83,200 based on family size
      • Must be employed by KLN for at least one year.
      • To apply, contact HRA representative at City of Perham  (218) 346-4582

    How It Works?

    HRA/KLN Loan..................................$7,000

    GMHF Grant......................................$2,500

    KLN Employee (1st time homebuyer)....$5,000

    TIF (approximately, if applies)............$10,000

    TOTAL...........................................$24,500

     Arvig Enterprises & HRA's Employer Assistance Fund

    Arvig Enterprises has generously contributed to Perham's HRA.Arvig is providing $1,000 per package with the HRA providing an additional $2,000 for a total of $3,000

    • How to qualify for Arvig/HRA funds:
      • Income Limits of $56,200-$83,200 based on family size
      • Must be employed by business within the City of Perham for at least one year. 
      • To apply, contact HRA representative at City of Perham  (218) 346-4582

    How It Works?

    HRA Loan..........................................$3,000

    GMHF Grant.......................................$2,500

    TIF (approximately, if applies)............$10,000

    TOTAL...........................................$15,500