About HOW

Home Ownership Works (HOW) is a special renovation project initiated by Minneapolis office of Community Planning and Economic Development (CPED), formerly the Minneapolis Community Development Agency (MCDA).

This program offers substantially renovated homes in Minneapolis for sale at affordable prices to low and moderate income individuals or families who are first-time homebuyers.

Renovations can include exterior fix-up, major interior fix-up, energy-efficient improvements, and general repairs geared to making ownership and maintenance easier.

Homes for sale through the HOW Program are subject to income restrictions and resale restrictions and must be purchased by first-time buyers. Buyers are required to secure financing of their choice in order to purchase. It is recommended that buyers complete an approved homebuyer workshop and be pre-approved for a mortgage by a lender before shopping for a home.