List of MN Down Payment Programs

Hoping to buy a home, but worried about having the money for down payment? Did you know that there are many programs that you might qualify for?

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! 

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