MMCDC receives $2.2 million mortgage award
Midwest Minnesota Community Development Corporation has received a $2.0 million award from the U.S. Department of the Treasury to help stimulate the sale of homes in rural Minnesota, particularly foreclosed properties.
FHLB Des Moines awarded MMCDC $250,000 in Affordable Housing Program grant funds to help qualified buyers access downpayment and closing cost assistance when purchasing foreclosed properties.
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