While you can search for down payment assistance on your own, it’s best to do so in partnership with a lender, as your income, type of income, frequency of income, and other factors can all impact your eligibility for programs.
The most widely available home buyer assistance program is MHFA – Minnesota Housing and Finance Authority.
Here is a list of generally available local and national down payment assistance programs in Minnesota.*
• Alexandria Housing Trust Fund
• Anoka Down Payment Assistance
• Becker County
• Bell Bank Moving Forward
• Bloomington Homebuyer Mortgage Assistance
• Brainerd Housing Trust Fund Program
• Brooklyn Center Down Payment Assistance
• Brooklyn Park Down Payment Assistance
• Central (Neighborhood) Down Payment Assistance Loan
• City of Austin Home Ownership Fund
• City of Eden Prairie First Time Home Buyer Program
• City of Northfield First-time Home Buyer Program
• City of Richfield First Time Home Buyer
• City of Woodbury First Time Homeownership Program
• Columbia Park Down Payment Assistance Loan
• Come Home 2 Edina
• Community Keys Plus Down Payment Assistance
• Community Revitalization Fund NW MN Multi-County HRA Down Payment Assistance
• Coon Rapids Down Payment Assistance
• East Phillips Down Payment Assistance Loan
• FannieMae HomeReady Mortgage
• FreddieMac Home Possible
• Fridley Down Payment Assistance Loan
• Hawthorne Neighborhood Association Down Payment Assistance Loan
• Homeownership Opportunity Minneapolis
• Jordan Area Community Council Down Payment Assistance Loan
• KOOTASCA Community Action Financial Assistance
• Plymouth Housing and Redevelopment Authority
• Ramsey County FirstHome
• Renville County Homeownership Down Payment Program
• Roseville Down Payment Assistance Loan
• Saint Louis Park First Generation Down Payment Assistance Loan
• Scott County CDA First-Time Homebuyer Grant
• Shoreview First-time Homeowners Down Payment Assistance
• Southeast Como Down Payment Assistance Loan
• Three Rivers Community Action Down Payment Assistance
• Webber-Camden Down Payment Assistance Loan
• Welcome to Minnetonka Loan Program
*Note – some programs are not widely publicized, which is why connecting with a lender is crucial to find the right program!
