 Funding Available: Homeownership Education, Counseling and Training (HECAT) Fund, and The Enhanced Financial Capacity (Homeownership Capacity) Fund
The Homeownership Education & Counseling Unified Request for Proposal Application provides competitive funding for the Homeownership Education, Counseling and Training (HECAT) Program and the Enhanced Financial Capacity Homeownership Program (Homeownership Capacity), to eligible organizations for the primary purpose of preparing potential homebuyers for successful homeownership and household stability through homeowner education and counseling and financial empowerment services.
The HECAT Program provides resources to eligible organizations that deliver a variety of homeownership education, advising and training services to Minnesotans. Eligible services include homebuyer education, 1:1 homebuyer services (financial wellness and homebuyer advising), home equity conversion mortgage counseling, and foreclosure prevention advising.
The Homeownership Capacity Program provides resources to eligible organizations that deliver enhanced financial education and one-on-one financial coaching to Black, Indigenous, and people of color and low-income households with a goal of homeownership.
The Homeownership Education & Counseling Unified Request for Proposal Application is now available for the 2025-2027 grant period. All RFP materials must be received no later than noon Central time on Monday, May 12, 2025. See Minnesota Housing's website and the Homeownership Education & Counseling Unified Request for Proposal Instructions for submission details and requirements.
An applicant information session is scheduled for Thursday, April 24, 2025, from 9:30 a.m. to 10:45 a.m. Central time. All interested applicants are strongly encouraged to attend. Register now.
Information Session:
Date: Thursday, April 24, 2025
Time: 9:30 a.m. - 10:45 a.m.
Register for Information Session
The deadline to ask questions is Wednesday, April 30. Questions received after the deadline will not be answered. A Frequently Asked Questions document will be posted to the Minnesota Housing website in response to RFP questions on Wednesday, May 7.
Questions?
Contact the Counseling and Education Team at:
counselingandeducation.mhfa@state.mn.us
About Minnesota Housing
Minnesota Housing, the state’s housing finance agency, works to provide access to safe, stable and accessible housing Minnesotans can afford in a community of their choice. In 2024, we distributed $1.96 billion in resources and served 73,650 households. Visit our website to learn more.
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