Minnesota SF3721 requires verification of eligibility for first-generation homebuyers seeking down payment assistance.

Minnesota SF3721 amends the state statutes to mandate verification of eligibility for first-generation homebuyers applying for down payment assistance. The bill requires the agency to develop forms and procedures for soliciting and reviewing applications. Each applicant must sign an affidavit affirming compliance with program requirements and provide documentary evidence to verify eligibility. The agency must verify each applicant's eligibility before issuing assistance.

Minnesota SF3721 requires verification of eligibility for first-generation homebuyers seeking down payment assistance.

Minnesota SF3721 amends the state statutes to mandate verification of eligibility for first-generation homebuyers applying for down payment assistance. The bill requires the agency to develop forms and procedures for soliciting and reviewing applications. Each applicant must sign an affidavit affirming compliance with program requirements and provide documentary evidence to verify eligibility. The agency must verify each applicant's eligibility before issuing assistance.