Looking for some help purchasing or renovating your home? Both Minneapolis and Saint Paul have dozens of different incentive programs—ranging from down payment and closing cost assistance to low interest loans for renovation and rehab, and other programs offered by the city governments and/or their non-profit partners.
Be sure to contact the organization listed after each program to confirm funding availability, eligibility requirements, and funding terms, as these regularly change.
For more information about homebuyer assistance programs, please call the Minnesota Home Ownership Center at 651.659.9336.
You may want to contact your neighborhood organization to see if there are programs that may not be listed in this directory. OwnAHomeMN.org provides a list of home-ownership resources and programs offered by community development organizations.
The Minnesota Home Ownership Center has the most up-to-date information about entry cost (down payment) assistance and affordable loan products. Click here to learn more.
This is a very helpful website to better understand home financing: www.moneygeek.com.