Hennepin County HRA Homebuyer Assistance Program
Forgivable loan · Forgiven over 10 yrs · Income limits
Down payment assistance · Hennepin County
Buying a home in Shorewood, MN
2 county programs and 8 statewide.Shorewood has no program of its own, 2 across Hennepin County, 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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What’s local to Shorewood
No program of Shorewood’s own yet
No program run for Shorewood alone is listed. A home in Shorewood can use Hennepin County’s programs below, plus the Minnesota statewide and federal ones.
The closest city that runs its own program is Minnetonka, about 4 miles away. City programs usually require the home to be inside that city’s limits.
Anywhere in HennepinAnywhere in Hennepin County
2 county programs2 county programs a Shorewood homebuyer can use
19 more programs are for homes in Minnetonka, Eden Prairie, Plymouth, Minneapolis, Richfield, St. Louis Park, Brooklyn Center and Brooklyn Park. See them 19 programs in neighboring cities — for homes inside those cities, not Shorewood
- Minnetonka — Minnetonka Pathways to Homeownership Program
- Minnetonka — Minnetonka Down Payment Assistance Deferred Loan
- Eden Prairie — First-Time Homebuyer Program
- Plymouth — Plymouth First-Time Homebuyer Program
- Minneapolis — Homeownership Opportunity Minneapolis (HOM) Down Payment Assistance
- Minneapolis — Minneapolis DPA Program
- Minneapolis — Minneapolis Homes: Access Down Payment Assistance
- Richfield — Richfield First Time Homebuyer Loan
- St. Louis Park — St. Louis Park Down Payment Assistance Deferred Loan (First-Time Homebuyer)
- Brooklyn Center — Brooklyn Center First Time Homebuyer Down Payment Assistance Loan
- Brooklyn Park — Brooklyn Park Down Payment Assistance Loan
- Minneapolis — Near North/Willard-Hay Homebuyer Entry Cost Assistance
- Minneapolis — Minneapolis: Webber-Camden Down Payment Assistance Loan
- Minneapolis — City of Lakes Community Land Trust Homebuyer Initiated Program (HIP)
- St. Louis Park — Down Payment Assistance Deferred Loan
- Plymouth — First Time Homebuyer program
- St. Louis Park — First-generation homeownership program
- Minneapolis — Grow North Down Payment Assistance
- St. Louis Park — St. Louis Park First Generation Down Payment Assistance Loan
The Shorewood marketThe Shorewood housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Shorewood
- 78.7% single-familysingle-family
- 15.9% townhousetownhouse
- 1.9% 2–4 units2–4 units
- 3.6% 5+ unitscondo & apartment buildings (5+ units)
- 0% mobile & othermobile home & other
Condos count. 1 of Shorewood’s 2 local and county programs accept condos. Homes Within Reach Program lists hwr portfolio single-family detached homes and townhomes in west/sw hennepin county. clt structure - 99-year ground lease..
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Shorewood’s homes were built
pre-19401970s2020+
33.7%
of Shorewood 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.
$131,500
County area median income, 4 people (HUD)HUD area median income, Hennepin County, 4-person household (2026)
$171,063
Shorewood median household incomeMedian household income in Shorewood (Census, 2024)
15 of the 72 programs here set their income limit as a share of Hennepin County’s area median income, adjusted for household size. See the published limits for Hennepin County
Free help nearbyFree help near Shorewood
2 HUD-approved counseling agencies within 15 miles2 HUD-approved housing counseling agencies within 15 miles
2 programs here ask for a homebuyer class first. Create a free account to see who’s near you and pick one.All 2 local programs here ask for a homebuyer class. A HUD-approved counselor teaches it 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
Shorewood questions
Does Shorewood have its own down payment program?
No program run for Shorewood alone is listed. A home in Shorewood can use the 2 programs that cover Hennepin County and the 8 statewide programs. Each program’s own site has the current terms.
Can I use assistance on a condo in Shorewood?
1 of Shorewood’s 2 local and county programs accept condos. Homes Within Reach Program lists hwr portfolio single-family detached homes and townhomes in west/sw hennepin county. clt structure - 99-year ground lease.. 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 Hennepin County?
Each program sets its own. 15 of the programs here set theirs as a share of HUD’s area median income for Hennepin 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 Shorewood?
HUD-approved housing counseling agencies teach homebuyer classes, and 2 agencies are within 15 miles of Shorewood. Create a free account and take the 90-second match to see the ones near you.
Nearby in Hennepin
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.