The Minnesota Independent

Minneapolis Advantage - Latest Stories

Minneapolis receives $1.5 million in foreclosure relief

By Andy Birkey | 01.07.09 | 2:10 pm

The Minneapolis Advantage, a program to encourage home ownership in foreclosure impacted neighborhoods, will receive an infusion of cash which will triple the program’s current budget. Federal Home Loan Bank (FHLB) of Des Moines awarded the city $1.5 million to continue the program.

Home free? Minneapolis Advantage loan program begins accepting applications today

By Molly Priesmeyer | 05.05.08 | 11:04 am


In an effort to ward off the rising tide of vacant homes, the city of Minneapolis is offering forgivable $10,000 loans to qualified buyers purchasing homes in one of the city’s 18 eligible neighborhoods. The zero-interest,…