Down Payment Assistance Deferred Loans (Willard Hay and Near North neighborhoods)

Description: Deferred loans of up to $5,000 are available for down payment and closing cost assistance for buyers in the Willard Hay and Near North neighborhoods. Interest rate is 2%, but loan repayment is forgiven after 7 years of continued ownership and residency. Buyers must intend to owner-occupy a single-family home, duplex, townhome, or condominium. There are no income restrictions, nor does the buyer need to be a first-time home buyer. Loans are administered by Neighborhood Housing Services of Minneapolis.

For more information, contact:

Neighborhood Housing Services of Minneapolis

Phone: 612-521-3581

Add this page to your favorite Social Bookmarking websites

“I love being able to walk down the street a block and find a bakery, four restaurants, a co-op for fresh food, and great bus service to get me where I am going. My family was able to downsize to one car because of our great transportation access.”

- Steve
Summit-University neighborhood, Saint Paul

Submit your testimonial

Subscribe to Newsletter