Home Sweet Menomonie has 21 home buyers apply in first six month of program
23 Aug 2019
Dunn
The City of Menomonie has seen $210,000 invested into homeownership in its Home Sweet Menomonie home loan program.
Twenty-one applications have been processed since the zero-interest program began in January. Ten program participants have closed on their homes while the other 11 continue to search for the right place.
The loan assistance program provide up to $10,000 in down payment assistance to employees of participating businesses. Loans are amortized over a flexible schedule at no interest and the final year payment may be forgiven if improvements are made to the home by the owner.
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