One Roof Community Housing Down Payment & Closing Cost Assistance (Duluth)

One Roof Community Housing Down Payment & Closing Cost Assistance (Duluth) is a deferred second loan for homebuyers in Duluth, Minnesota, administered by One Roof Community Housing. One Roof Community Housing offers down payment and closing cost assistance to income-eligible households purchasing within Duluth city limits. The assistance is a 0%, 30-year deferred second-mortgage loan, due on sale, refinance, or loss of primary-residence status, with amounts based on need from $500 up to $2,000. Applicants must complete One Roof's HUD-approved Home Stretch education class, have a signed purchase agreement, keep household income at or below $53,750, and limit cash assets to 6 months PITI after closing. $500-$2,000 toward down payment/closing costs. 0% interest. 30-year deferred (no monthly payments). HUD-approved homebuyer education included. Funding comes from One Roof Community Housing (nonprofit).

One Roof Community Housing Down Payment & Closing Cost Assistance (Duluth) offers between $500 and $2,000 in assistance. The program can be combined with First mortgage products allowing third-party nonprofit DPA. Amounts are the program's published maximums, not an offer — One Roof Community Housing determines any individual award.

One Roof Community Housing Down Payment & Closing Cost Assistance (Duluth) is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. Repayment is triggered by Due on sale, refinance, or if the home ceases to be the owner's primary residence. The assistance is recorded in second position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

One Roof Community Housing Down Payment & Closing Cost Assistance (Duluth) is open to homebuyers who will live in the home as their primary residence. A homebuyer education course is required, through One Roof's HUD-approved Home Stretch homebuyer education class. Residency requirement: Purchased property must be within Duluth city limits. REVIEW NOTE: distinct from One Roof's Essentia Homeownership and Purchase Assistance Loan (PAL) programs already in the catalog per researcher; admin should confirm it is not a duplicate of the existing Duluth 'Purchase Assistance Loan' during review. Applicant limited to 6 months PITI in cash assets after closing. Applications not accepted until a purchase agreement is signed. Verified active on official site as of June 2026.

One Roof Community Housing Down Payment & Closing Cost Assistance (Duluth) limits household income to $53,750. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

One Roof Community Housing Down Payment & Closing Cost Assistance (Duluth) can be used for Single Family.

One Roof Community Housing Down Payment & Closing Cost Assistance (Duluth) serves homebuyers purchasing in Duluth, Minnesota.

Applications for One Roof Community Housing Down Payment & Closing Cost Assistance (Duluth) go through One Roof Community Housing, which publishes the current terms and the application steps on its own site. Funds are reserved through Applications accepted only after applicant has a signed/accepted purchase agreement. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.