- Location
- MN
- Type
- Forgivable assistance
- Max assistance
- $0
- First-time buyer
- Not required
- Property types
- Single family, 2–4 unit (owner-occupied), Townhouse, Condo
The City of St. Louis Park HRA, through CEE, provides 0% interest down payment/closing-cost assistance to first-generation homebuyers in St. Louis Park. The loan amount depends on household income and purchase price. Forgiven 100% after 20 years, balance reduced 5% per year. A buyer qualifies as first-generation if neither they, their spouse, nor either parent currently owns or previously owned a home.
Learn this program
Short reads on how it works, in plain language. Free, no sign-up needed to read.
Free course from Hey Prescott
St. Louis Park First Generation Down Payment Assistance Loan, explained
A short, free course on St. Louis Park First Generation 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 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.