Home Ownership Program
 ACCAP’s Home Ownership Program is a full cycle service including pre-purchase education, confidential financial counseling, post purchase follow up, reverse mortgage counseling and foreclosure prevention. Look below for information on our various service areas.
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FAIM Program
Family Assets for Independence in Minnesota (FAIM II) enables persons with a low-wage job to build assets through long-term savings. Each participant commits to 12 hours of financial management educational workshops. Participants deposit a portion of their income into a Family Asset Account that generates a 3:1 match in this program. Up to $120 a month is the maximum match amount for an eligible FAIM participant if they deposit up to $40.00 into their account. The account can be used only to buy a home, higher education expenses, or to begin a small business.
FAIM FAQ's (Frequently Asked Questions).
More FAIM information here
FAIM application
Notes of appreciation to our FAIM Program
Home Buyer Education & Counseling
Home Buyer Education and Counseling helps low to moderate-income individuals and/or first time homebuyers with step-by-step instruction to financial readiness and credit worthiness needed for mortgage loan approval. This begins with a series of Home Stretch Workshops that include handouts, a study guide, and expert advice from guest speakers. Participants are encouraged to meet with staff for one-to-one financial counseling, help with credit issues, budgeting plans and loan program information.
Home Buyer Education & Counseling FAQ's (Frequently Asked Questions).
Home Stretch Letter, Calendar, and Registration Form
All workshops are held from 6:00 - 9:00 pm at the Anoka County Human Service Building located at 1201 - 89th Avenue, Suite 300 in Blaine. $49.00 per household. Pre-registration is required.
To register, please call 763.783.4747.
Down Payment Assistance Program
Down Payment Assistance Program is designed to help first time homebuyers purchase homes more affordably by providing deferred loans that can be used for down payment assistance. Eligible buyers may qualify for up to $5,000 with 0% interest to bring their monthly housing costs down to 30% of income. The principle only mortgage must be repaid when the property is sold.
Down Payment Assistance Program FAQ's (Frequently Asked Questions).
Down Payment Assitance Program Fact Sheet
Down Payment Assistance Program Application Form
Down Payment Assistance Program Brochure
Post Purchase Support
 Post Purchase Support is available to help individuals and families be successful homeowners. Home maintenance workshops and events are available as well as one-to-one financial/budget counseling.
Don't Borrow Trouble Minnesota
Don't Borrow Trouble Minnesota is a public education campaign aimed at eliminating predatory lending to homeowners in our community. Staff helps families make educated decisions when confronted with mortgage loan refinance choices.
Foreclosure Prevention Program
 Foreclosure Prevention Program helps Anoka County residents who are facing default with their mortgage payments. Information, education, and counseling is available to help homeowners remain in their homes.
Foreclosure Prevention FAQ's (Frequently Asked Questions).
Foreclosure packet
Foreclosure Prevention & Reverse Mortgage Hotline: 763.783.4880
Reverse Mortgage Counseling
Reverse Mortgage Counseling Program is available to senior citizens who own their homes. Seniors who need more income to make ends meet or who need income to complete maintenance on their homes have the ability to learn more about reverse mortgages through this program.
Reverse Mortgage Counseling FAQ's (Frequently Asked Questions).
Reverse Mortgage & Foreclosure Hotline: 763.783.4880
Links
HUD (U.S. Department of Housing and Urban Development) Spanish-language website
HUD (U.S. Department of Housing and Urban Development) English-language website
Minnesota Housing Finance Agency
United Way
United Way of the Greater Twin Cities
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