Knowledge Base

The Home Ownership Creation Program supports the development of owner-occupied housing units by either reimbursing City fees assessed or providing an upfront subsidy to lower the final price of the home built. When qualifying a proposal through reimbursement, the maximum fee reimbursement amount to be awarded is determined by eligibility, but not to exceed $20,000 per unit. Projects qualifying for upfront subsidies are not limited to maximum award amounts, but rather determined based on the independently proposed project and discretion of Rochester Community Development Department with City Council approval.  

View the full program guidelines for the Home Ownership Creation Program.

Eligibility

To be eligible for funding support in this program the housing unit must be located within the City Limits. No one unit supported can exceed a sales price of $500,000.

Projects eligible for fee reimbursements are:

• New Construction or adaptive re-use with existing infrastructure services
• New Construction proposing to create a high volume of dwelling units
• Re-use of non-residential development to owner-occupied housing

Application Process

• Each applicant must complete this online application.
• Applicants may contact the Community Development Department at CommunityDevelopment@rochestermn.gov or 507-328-2950 if assistance is needed with completing the application.

For more information, visit: Home Ownership Creation Program