Minnesota Down Payment Assistance

The American Dream Down Payment Act is a down payment assistance initiative that allows grants to be given to participating jurisdictions to assist low-to-mid-income families and uniformed employees such as, policemen, firemen, sanitation, maintenance workers, and teachers who are employees of the participating state to achieve homeownership.

Grants made available under this initiative may be used only for down payment assistance toward the purchase of single family housing by eligible families. The allocation formula for the grant amounts are done by considering the state of Minnesota or the participating jurisdiction's prior year's commitment to assistance to homebuyers, the formula shall consider amounts committed to such purpose under the home investment partnerships program, the community development block grant program, mortgage revenue bonds, and prior year's funding from State and local governments, provided that the data underlying such funding is uniform, verifiable, and accurate by the State and local government, and shall consider other factors that the Secretary determines to be appropriate.

Are you eligable for the Minnesota State Down Payment Assistance Program?

Fill out our Down Payment Assistance Application for a free consultation.

State Representatives & Participating Jurisdictions
View Official White House Documents & Press Releases.	View a copy of HR1276: The American Dream Downpayment Act	List your program with our National Down Payment Assistance Directory.

National Down Payment Assistance Resources:

	Federal Housing Credit Housing Assistance links and information, Good credit or low credit mortgage information, Credit repair and Foreclosure Guides.
	FHA - GRANTS Directory from Google to FHA Housing Grants
	FHA - Home Mortgage - Fast Approval Fast approval process for FHA loans - FHA Grants are also available - low down payment or no down payment assistance FHA Home Loans
	FHA Home Loans FHA Home Loans and Lenders with the best rates. Information on $8,000 Federal Housing Tax Credit.
	FREE Credit Reports - See ALL 3 National Scores Online FREE See All 3 National Credit Scores & 3 Reports Instantly, Online & Free!
	Lowst Rates on FHA loans - Lending Tree Lending Tree FHA Loan Guide - Get the best rates for you FHA loan with Lending Tree.
	Refinance FHA Loans Information about the various refinance options for FHA mortgages and FHA Reverse Mortgages
	Down Payment Grant Money A directory of links and services for first time home buyers, real estate, down payment assistance, mortgages, american dream
	FHA Down Payment Assistance Down Payment Assistance Information for FHA Loans. HUD and FHA Rural links. Foreclosure - Governement Forclosure assistance information.
	FHA Down Payment Assistance Guide to FHA Down Payment Assistance programs. Housing Assistance and Foreclosure information. Stop Forclosures and Foreclosure Real Estate
	Opening Doors - A Housing Initiative for the Disability Community Opening Doors is a housing initiative designed to provide information and technical assistance on affordable housing issues to people with disabilities, their families, advocates, and service providers across the United States.
	Zero Down Grants Down Payment Assistance Closing Cost Assistance Nationwide down payment assistance programs Housing assistance closing cost assistance
	Zero Down Mortgage Guide Usefull guide to lenders that provide low interest rates, zero down payment, down payment assistance programs. Home loans for bad credit, and a national real estates search tool. Forclosure listings and Free credit reports

Minnesota Down Payment Assistance Resources:

	Minnesota Housing Finance Agency - Down Payment Assistance Programs and Grants Down Payment Assistance with Costs of Homeownership - Homeownership Assistance Fund (HAF)
	Minnesota Housing Finance Agency - Participating Communities - Down Payment Assistance Programs and Grants Participating Communities - Down Payment Assistance Programs

Minnesota Realtors By City:

	Albert Lea		Alexandria		Andover		Anoka
	Apple Valley		Arden Hills		Austin		Blaine
	Bloomington		Brainerd		Brooklyn Center		Brooklyn Park
	Burnsville		Champlin		Chanhassen		Chaska
	Cloquet		Coon Rapids		Cottage Grove		Crystal
	Detroit Lakes		Duluth		Eagan		Eden Prairie
	Edina		Falcon Heights		Fergus Falls		Forest Lake
	Grand Marais		Grand Rapids		Hibbing		Hopkins
	Kasson		Lakeville		Lino Lakes		Little Falls
	Mankato		Maple Grove		Minneapolis		Minnetonka
	Moorhead		Mound		Owatonna		Pelican Rapids
	Perham		Plymouth		Prior Lake		Ramsey
	Richfield		Rochester		Saint Cloud		Saint Louis Park
	Saint Paul		Sauk Centre		Savage		Shakopee
	Shoreview		Shorewood		Victoria		Waconia
	Wayzata		Willmar		Woodbury