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City of Minneapolis (CPED), administered with NeighborWorks Home Partners

Homeownership Opportunity Minneapolis (HOM) Down Payment Assistance

Up to $20,000 toward a down payment in MN.

See if I qualify
Location
MN
Type
Deferred loan
Max assistance
$20,000
First-time buyer
Not required
Property types
Single family, 2–4 unit (owner-occupied), Townhouse, Condo

Homeownership Opportunity Minneapolis (HOM) provides down payment assistance of up to $10,000 or up to $20,000 as a 0% interest, due-on-sale deferred loan (no monthly payments, repaid after 30 years or when sold) to homebuyers purchasing in Minneapolis who complete financial coaching. Administered by NeighborWorks Home Partners with the City of Minneapolis.

Learn this program

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

Free course from Hey Prescott

Homeownership Opportunity Minneapolis (HOM) Down Payment Assistance, explained

A short, free course on Homeownership Opportunity Minneapolis (HOM) 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 July 2026. About ten minutes.

5 modules · About 10 minutes

Read the course

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