First Homes is a non-profit organization based in Rochester, MN that specializes in providing affordable housing options to low-income individuals and families. With a focus on community land trust (CLT) homes, First Homes offers a range of properties for sale, including newly constructed units and manufactured homes. Through partnerships with lenders and down payment assistance programs, qualified buyers can access affordable financing options. Committed to making homeownership accessible, First Homes also offers resources and support for current homeowners looking to sell their homes.
With a service area covering seven counties and homes in 12 different towns, First Homes has a wide-reaching impact on the local community. Their CLT model, where homebuyers purchase the house and enter into a ground lease agreement for the use of the land, allows for lower costs compared to market rate homes. Designed with energy efficiency and accessibility in mind, the homes feature modern amenities and thoughtful design elements. By providing affordable housing options and promoting homeownership, First Homes plays a vital role in creating a successful and inclusive community in Rochester, MN.
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