What if I want to rent instead of buy?

First Homes is working with developers to build 275 rental townhomes and apartments, which are available at below-market rates. Already, more than 225 rental units have been built with First Homes' assistance. Income requirements for renters vary but generally are lower than home buying requirements.

Rental properties currently include:

Hayfield:
Fuller Estates (16 units)
Multi-County Builders/Southeastern Minnesota Multi-County Housing and Redevelopment Authority, 134 E. Second St., Wabasha MN 55981
651-565-2638

Pine Island:
Wazuweeta Woods (24 units)
Three Rivers Community Action Inc., 1414 North Star Drive, Zumbrota MN 55992
507-732-7391

Rochester:
Georgetowne Townhomes (50 units)
Georgetowne Townhomes, 2670 Georgetowne Place NW, Rochester MN 55901
507-281-0930

Douglas Trail Apartments (100 units)
Shelter Corp., 5041 Weatherstone Circle NW, Rochester MN 55901
507-252-4702 or (866) 271-2712

River's Edge (39 units)
Olmsted County Housing and Redevelopment Authority, 2122 Campus Drive SE, Rochester MN 55904
507-285-8224

E-mail
Telephone
(507) 287-7117
Fax
(507) 282-4938
Mailing Address
2200 Second St. SW, Suite 300 Rochester, MN 55902-4125
Directions to our office
Click here
Rochester Area Foundation