hey prescott.

Grow North Down Payment Assistance

Up to $0 toward a down payment in MN.

Location
MN
Type
Deferred loan
Max assistance
$0
Income limit
$137,550
First-time buyer
Not required
Property types
Single family, 2–4 unit (owner-occupied), Townhouse, Condo

Grow North Down Payment Assistance is a CPED-administered employer-linked down payment assistance program for employees of North Minneapolis businesses purchasing homes in the Near North or Camden communities. The 0% interest deferred second mortgage of up to $10,000 supports both the recruitment of employees by Northside employers and homeownership in the Northside neighborhoods. Repayable in full at the end of the first-mortgage life, refinance, transfer of title, or 30-year deferment whichever occurs first.

Learn this program

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

Free course from Hey Prescott

Grow North Down Payment Assistance, explained

A short, free course on Grow North Down Payment Assistance: what it is, who it is for, when it is repaid, where it applies and how to apply. Based on program data from June 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.