About Minnesota Home Ownership Center
The Minnesota Home Ownership Center concentrates its funding on expanding affordable homeownership in the Twin Cities metro and greater Minnesota by underwriting lending capacity, down-payment assistance (DPA) programs, and homebuyer origination/post‑purchase services. It funds intermediaries, community lenders, and program partners that deliver or scale DPA and affordable lending products, often through repeat multi-grant relationships with established local organizations.
Focus Areas
Down‑Payment Assistance (DPA) program capacity building for Minnesota nonprofitsSupport for affordable homeownership origination and post‑purchase services (e.g., Habitat for Humanity homeownership pipeline)Capacity support for community lenders and CDFIs serving Minnesota homebuyersScaling local intermediaries that administer DPA and homebuyer readiness programs in the Twin Cities
Who They Fund
homebuyershomeownership service providers/organizationsmortgage applicants/origination entities
About Minnesota Home Ownership Center
The Minnesota Home Ownership Center’s recent grants show a consistent focus on the machinery behind affordable homeownership: down-payment assistance, lending capacity, and the services that help buyers move from application to ownership. One of its largest recent awards went to Twin Cities Habitat for Humanity for down payment assistance, and its support for Twin Cities Habitat also extends to origination and post-purchase grants, pointing to a full-cycle approach rather than a single-point intervention. The foundation backs intermediaries and community lenders that can move money into homebuyer pipelines, including DPA capacity funds for Tchfh Lending Inc, Build Wealth Mn Inc, and Neighborworks Home Partners. That pattern suggests an emphasis on organizations that administer assistance and support lending operations rather than direct grants to individuals. Its giving is concentrated in Minnesota, especially the Twin Cities area, with recurring support for established local organizations in St. Paul and Minneapolis. The foundation also made a capacity-building grant to First Independence Bank in Detroit, indicating that its priorities can include lending infrastructure beyond its core metro footprint when aligned with homeownership delivery.
What Minnesota Home Ownership Center Funds
Down-payment assistance is a central theme in the Minnesota Home Ownership Center’s grantmaking. It gave $500,000 to Twin Cities Habitat for Humanity for down payment assistance and $231,750 to Tchfh Lending Inc for DPA capacity funds, both aimed at expanding access to homeownership. The foundation also supports the organizations that originate and sustain homeownership services. Twin Cities Habitat for Humanity received $173,250 for origination and post-purchase grants, connecting financing with ongoing homeowner support. Build Wealth Mn Inc was awarded $90,000 for DPA capacity funds, while Neighborworks Home Partners received the same amount for the same purpose, showing a strong interest in local intermediaries that administer assistance programs. Capacity building appears in the lender side as well: First Independence Bank received $45,000 for capacity building. Across these grants, the common thread is organizational support for Minnesota homeownership infrastructure rather than direct aid to households.
How Minnesota Home Ownership Center Gives
Financial Snapshot
Annual Giving
$650K
Total Assets
$16.1M
Total Revenue
$4.3M
Total Expenses
$4.2M
Typical Grant Size
Most grants fall between $45K and $188K, with a median of $90K.
25th Percentile
$45K
Median
$90K
75th Percentile
$188K
Geographic Reach
Local2 states funded
Funding intensity
LowHigh
Headquarters
Leadership
ROXANNE YOUNG KIMBALL
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