Arrowhead Economic Opportunity Agency (AEOA)
Up to $8,000 toward a down payment in MN.
AEOA's First Time Homebuyer Assistance Program provides down payment and closing-cost assistance to income-qualified first-time buyers purchasing in St. Louis (excluding Duluth), Lake, and Cook counties. A 0%-interest deferred loan of up to $8,000 (minimum $1,000), no monthly payments, forgiven after 10 years of owner-occupancy. Buyers complete a Home Stretch workshop (or Framework) plus one-on-one counseling before signing a purchase agreement and contribute at least $1,000.
Short reads on how it works, in plain language. Free, no sign-up needed to read.
Free course from Hey Prescott
A short, free course on AEOA First Time Homebuyer Assistance Program: what it is, who it is for, how it is forgiven, where it applies and how to apply. Based on program data from August 2026. About ten minutes.
5 modules · About 10 minutes
Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.