Repayable second loan
Austin/Mower County Homeownership Fund (A/MCHF)
First-time homebuyers · New construction · Income limits · Single-family detached, condominium, townhouse, PUD, manufactured home (real-property-titled).
Down payment assistance · Mower County
Buying a home in Austin, MN
1 Austin program and 8 statewide.Austin has 1 program of its own, and 8 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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Only for Austin addresses
Austin’s own program
The Austin marketThe Austin housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Austin
- 73.1% single-familysingle-family
- 5.5% townhousetownhouse
- 5.6% 2–4 units2–4 units
- 14.7% 5+ unitscondo & apartment buildings (5+ units)
- 1% mobile & othermobile home & other
Condos count. Austin’s one local program accepts condos.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Austin’s homes were built
pre-19401970s2020+
75.1%
of Austin homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$97,800
County area median income, 4 people (HUD)HUD area median income, Mower County, 4-person household (2026)
$68,057
Austin median household incomeMedian household income in Austin (Census, 2024)
13 of the 71 programs here set their income limit as a share of Mower County’s area median income, adjusted for household size. See the published limits for Mower County
Free help nearbyFree help near Austin
Free help from a HUD-approved housing counselorFree help from a HUD-approved housing counselor
Austin’s program asks for a homebuyer class first. Create a free account to see who’s near you and pick one.Austin/Mower County Homeownership Fund (A/MCHF) asks for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across Minnesota and nationwide
70 statewide & federal programs8 statewide programs, plus federal options
Austin questions
Does Austin have its own down payment program?
Yes, one: Austin/Mower County Homeownership Fund (A/MCHF), a repayable second loan for first-time homebuyers (new construction, income limits). It is for homes inside Austin.
Can I use assistance on a condo in Austin?
Austin’s one local program accepts condos. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Mower County?
Each program sets its own. 13 of the programs here set theirs as a share of HUD’s area median income for Mower County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Austin?
HUD-approved housing counseling agencies teach homebuyer classes. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
55912
Nearby in Mower
Sources
Sources: agency sites (June–August 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (June–August 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.