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Brooklyn Park Economic Development Authority (EDA); administered by Center for Energy and Environment (CEE)

Brooklyn Park Down Payment Assistance Loan

Up to $10,000 toward a down payment in MN.

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Location
MN
Type
Forgivable assistance
Max assistance
$10,000
First-time buyer
Required
Property types
Single family, 2–4 unit (owner-occupied), Condo, Townhouse

The City of Brooklyn Park EDA, through CEE, offers a 0% APR deferred forgivable loan for down payment and closing costs to first-time homebuyers purchasing a 1-4 unit owner-occupied home in Brooklyn Park. Amounts are up to $7,500 for those moving to Brooklyn Park and up to $10,000 for current residents, with no monthly payments. Fully forgiven after 10 years of continuous owner-occupancy.

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Short reads on how it works, in plain language. Free, no sign-up needed to read.

Free course from Hey Prescott

Brooklyn Park Down Payment Assistance Loan, explained

A short, free course on Brooklyn Park Down Payment Assistance Loan: what it is, who it is for, how it is forgiven, where it applies and how to apply. Based on program data from July 2026. About ten minutes.

5 modules · About 10 minutes

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Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.