State & Local Gov’t DPA

These programs are often administered by either non-profit organizations or lenders, in which case, the application would be made to the program administrator or approved lender.

MN Housing Finance Authority www.mnhousing.gov

Start-up

  • A statewide mortgage loan program at affordable interest rates for first-time homebuyers; provides up to $18,000 to be used for down payment and closing costs. Income and purchase limits apply.  Access to loan is through an approved lender.

Step-Up

  • Down payment assistance loan amounts range from $16,500 to $18,000 for repeat homebuyers or current homeowners to purchase or refinance a home. 

City of Minneapolis
www.minneapolismn.gov/

Homeownership Opportunity Minneapolis (HOM)

  • Provides up to $20,000 thru Build Wealth and Neighbor Works Home Partners.

Minneapolis Homes:
Perpetually Affordable Housing (PAH)
Ownership Land Trust

  • Provides significant (amount varies) homeownership opportunities to low to moderate income households through Build Wealth and City of Lakes Community Land Trust.

City of Saint Paul
www.stpaul.gov

Down Payment Assistance Program
www.stpaul.gov

  • Up to $40,000 or $50,000 (if first-generation homebuyer) for down payment and closing costs, including inspection.

  • Up to $110,000 for eligible homebuyers who purchase in the Rondo neighborhood of Saint Paul.

  • Provides a loan up to $20,000 (0% deferred interest) for first-time homebuyers and up to $93,150 loan (forgivable over time) to first-generation homebuyers for home purchases in Ramsey County, outside the City of Saint Paul.

Ramsey County
www.ramseycounty.us

Bloomington Homebuyer Mortgage Assistance (HMA)
https://nwhomepartners.org
Down Payment Help

  • Up to $10,500 forgivable loan for purchase of home in Bloomington, MN.

Shoreview First-Time Homebuyers down Payment Assistance Program
https://nwhomepartners.org/city-of-shoreview-homeownership-programs/
Down Payment Help

  • Up to $25,000 low interest loan for down payment assistance to purchase home in Shoreview, MN.

  • Up to $30,000 low-interest, deferred loan for purchase of home in Woodbury, MN.