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

What is 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).

How much assistance does it provide?

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.

Do you have to pay it back?

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.

Who qualifies?

One Roof Community Housing Down Payment & Closing Cost Assistance (Duluth) is open to buyers who will live in the home as their primary residence.

What are the income limits?

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.

What kind of home can it be used for?

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

Where does it apply?

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

How do you apply?

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.

1. 1

   Take a homebuyer education course

   Required by the program, through One Roof's HUD-approved Home Stretch homebuyer education class.

2. 2

   Contact One Roof Community Housing to reserve funds

   Funds are reserved through Applications accepted only after applicant has a signed/accepted purchase agreement, and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.