Austin/Mower County Homeownership Fund (A/MCHF)
Repayable second loan · New construction · Income limits
Down payment assistance · Mower County
Buying a home in Grand Meadow, MN
1 county program and 8 statewide.Grand Meadow has no program of its own, 1 across Mower County, 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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What’s local to Grand Meadow
No program of Grand Meadow’s own yet
No program run for Grand Meadow alone is listed. A home in Grand Meadow can use Mower County’s programs below, plus the Minnesota statewide and federal ones.
The closest city that runs its own program is Northfield, about 60 miles away. City programs usually require the home to be inside that city’s limits.
Anywhere in MowerAnywhere in Mower County
1 county program1 county program a Grand Meadow homebuyer can use
The Grand Meadow marketThe Grand Meadow housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Grand Meadow
- 78% single-familysingle-family
- 7.8% townhousetownhouse
- 2.3% 2–4 units2–4 units
- 11.1% 5+ unitscondo & apartment buildings (5+ units)
- 0.8% mobile & othermobile home & other
Condos count. Grand Meadow’s one local program accepts condos.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Grand Meadow’s homes were built
pre-19401970s2020+
56.1%
of Grand Meadow 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)
$72,125
Grand Meadow median household incomeMedian household income in Grand Meadow (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 Grand Meadow
Free help from a HUD-approved housing counselorFree help from a HUD-approved housing counselor
Grand Meadow’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
Grand Meadow questions
Does Grand Meadow have its own down payment program?
No program run for Grand Meadow alone is listed. A home in Grand Meadow can use the 1 program that cover Mower County and the 8 statewide programs. Each program’s own site has the current terms.
Can I use assistance on a condo in Grand Meadow?
Grand Meadow’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 Grand Meadow?
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
55936
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.