Report is a milestone in our continuing work to educate the real estate industry on emerging topics that have an impact on the racial homeownership gap.

The Minnesota Homeownership Center is proud to unveil a new guide we’ve collaborated on regarding Non-Interest-Bearing Financing in Minnesota. The guide can be accessed as a PDF here.

Collecting details on this practice, which is a critical part of accessing homeownership for many faiths, is a milestone for us in our continuing work to educate the real estate industry on emerging topics that have an impact on the homeownership gap. The guide is the culmination of many months of work with a number of like-minded partners including the Local Initiatives Support Corporation (LISC) Twin Cities, the Federal Reserve Bank of Minneapolis, NeighborWorks Home Partners, African Development Center, Minnesota Housing and the Homeownership Opportunity Alliance.

We’re very proud of this final product, which we believe is one of the first of its kind in Minnesota, if not the country as a whole. zero interest financing Islamic financing