Hennepin County HRA Authority Agenda May 12 2026
Neighborworks to administer homebuyer assistance funds
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Description
The Hennepin County HRA authorized negotiation of Agreement PR00008373 with Neighborworks Home Partners for up to $575,000 to administer down payment assistance for about 28 homebuyers between May 12, 2026 and May 12, 2031. The program will prioritize first‑generation homebuyers in Hennepin County.
Contract Details
Contract Amount
Not to exceed $575,000
Vendor
NEIGHBORWORKS HOME PARTNERS
Agency
Hennepin County, MN
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
May 12, 2026 through May 12, 2031
Renewal Date
2031-05-12
Renewal Info
Agreement term set for May 12, 2026 through May 12, 2031 with potential related amendments during the loan administration period.
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