Minnesota Housing HOME HELP
Geographic Service Area:
Minnesota
Income Limit:
Program Details:
Loan amounts of $5,000 to $10,000
Minnesota Housing provides the opportunity for eligible homebuyers who qualify for a Minnesota Housing loan to receive an interest-free, deferred loan to help with downpayment and closing costs through the Homeownership Assistance Fund (HAF) and the HOME Homeowner Entry Loan Program (HOME HELP).
The HOME HELP loan is a deferred interest-free loan, which must be fully repaid within the first six years of the loan if the borrower sells or vacates the property. After the sixth year, 70% of the loan is forgiven and the remaining 30% of the HOME HELP loan amount is repaid when the loan matures, the property is sold, or is no longer owner-occupied.
First time homebuyers interested in downpayment and closing costs assistance should contact a Minnesota Housing participating lender prior to signing a purchase agreement. Participating lenders can determine the level of eligibility.
Program Eligibility:
You may be eligible for the HOME Homeowner Entry Loan Program (HOME HELP), if you:
- Are a first-time homebuyer
- Are eligible for the CASA program
- Have an income at or below Minnesota Housing HOME HELP program limits
- Qualify as an eligible target market for one of the CASA Community Initiatives in either the Twin Cities Metro Area or Greater Minnesota approved to offer HOME HELP.
Frequently Asked Questions (FAQs)
Contact an approved HOME HELP lender in the Twin Cities Metro Area or Greater Minnesota to apply.
Listings that qualify for this program:
| Title | City | Price | Property Type | |
|---|---|---|---|---|
 |
910 Fuller Ave | St. Paul | $145,000 | Single Family |
 |
1587 Nevada Avenue | St. Paul | $139,900 | Single Family |
 |
2120 James Avenue North | Minneapolis | $70,000 | Single Family |
 |
3406 James Avenue North | Minneapolis | $70,000 | Single Family |
 |
1401 Ames Avenue | St. Paul | $132,500 | Single Family |
 |
3610 Girard Ave N | Minneapolis | $84,000 | Single Family |
 |
7816 Shingle Creek Dr N | Brooklyn Park | $199,900 | Single Family |
 |
7401 18th Ave S | Richfield | $157,000 | Single Family |
 |
521 62nd Ave N | Brooklyn Center | $105,000 | Single Family |
 |
2955 Queen Ave N | Minneapolis | $90,000 | Single Family |
 |
1911 Russell Ave N | Minneapolis | $115,000 | Single Family |
 |
5453 Bryant Ave N | Brooklyn Center | $125,000 | Single Family |
 |
843 Edmund Avenue | St. Paul | $144,000 | Single Family |
| 479 Arlington Avenue | St. Paul | $149,000 | Single Family | |
| 786 Maryland Avenue | St. Paul | $112,000 | Single Family | |
| 1509 Atlantic Avenue | St. Paul | $150,000 | Single Family | |
| 582 Payne | St. Paul | $184,000 | Townhouse | |
| 1810 Nevada | St. Paul | $148,000 | Single Family | |
| 7725 Vincent Ave | Brooklyn Park | Single Family | ||
| 3016 80th Avenue | Brooklyn Park | Single Family | ||
| 2408 80th Avenue | Brooklyn Park | Single Family | ||
| 8291 Brunswick Avenue | Brooklyn Park | Single Family | ||
| 8125 Wyoming Avenue | Brooklyn Park | Single Family | ||
 |
8216 Sunkist Boulevard | Brooklyn Park | $189,900 | Single Family |
 |
2731 Knox Ave N | Minneapolis | $109,000 | Single Family |
Homebuyer Stories
A Brush With Kindness
Susan and Kevin Gundrum have never seen themselves as different. After getting married in 1998, they bought their house in West Saint Paul and like most couples they balanced work, bills and home maintenance.
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