Minnesota Housing - First Generation Homebuyer Loan Program

Minnesota Housing - First Generation Homebuyer Loan Program Main Photo

13 May 2024


MN Housing launched its First-Generation Homebuyer Loan Program. The program is a downpayment and closing cost loan for first-generation homebuyers. The program offers loans up to $35,000. The first-generation homebuyer loan is a deferred, interest-free and forgivable loan. The program has funding to serve approximately 1,500 eligible borrowers. To learn more about the program, visit MN Housing’s website:

https://www.mnhousing.gov/homeownership/firstgen.html