Deferred second loan
City of Moorhead First & New Home Incentive
First-time homebuyers · New construction · Income limits · Single Family
Down payment assistance · Clay County
Buying a home in Moorhead, MN
1 Moorhead program and 8 statewide.Moorhead has 1 program of its own, and 8 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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Only for Moorhead addresses
Moorhead’s own program
The Moorhead marketThe Moorhead housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Moorhead
- 51.1% single-familysingle-family
- 11.3% townhousetownhouse
- 3.4% 2–4 units2–4 units
- 33.1% 5+ unitscondo & apartment buildings (5+ units)
- 1% mobile & othermobile home & other
About condos. Moorhead’s one local program does not list condos as eligible. City of Moorhead First & New Home Incentive lists single family.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Moorhead’s homes were built
pre-19401970s2020+
48.1%
of Moorhead homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$115,200
County area median income, 4 people (HUD)HUD area median income, Clay County, 4-person household (2026)
$72,761
Moorhead median household incomeMedian household income in Moorhead (Census, 2024)
13 of the 71 programs here set their income limit as a share of Clay County’s area median income, adjusted for household size. See the published limits for Clay County
Free help nearbyFree help near Moorhead
1 HUD-approved counseling agency within 15 miles1 HUD-approved housing counseling agency within 15 miles
Create a free account to see who’s near you and pick one.A HUD-approved counselor teaches homebuyer classes and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across Minnesota and nationwide
70 statewide & federal programs8 statewide programs, plus federal options
Moorhead questions
Does Moorhead have its own down payment program?
Yes, one: City of Moorhead First & New Home Incentive, a deferred second loan for first-time homebuyers (new construction, income limits). It is for homes inside Moorhead.
Can I use assistance on a condo in Moorhead?
Moorhead’s one local program does not list condos as eligible. City of Moorhead First & New Home Incentive lists single family. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Clay County?
Each program sets its own. 13 of the programs here set theirs as a share of HUD’s area median income for Clay County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Moorhead?
HUD-approved housing counseling agencies teach homebuyer classes, and 1 agency is within 15 miles of Moorhead. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
56560 · 56561 · 56562 · 56563
Sources
Sources: agency sites (June–August 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (June–August 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.