First Generation Down Payment Assistance

First Generation Down Payment Assistance是面向Minnesota购房者的可免除贷款。 The First Generation Down Payment Assistance program (administered by NeighborWorks Home Partners as part of Minnesota's $100 million statewide First Generation DPA Fund) provides up to 10% of purchase price (max $32,000) as a 0% interest forgivable loan to first-generation, first-time buyers throughout Minnesota. Forgiven 20% per year over 5 years of continuous owner-occupancy. Funded by Minnesota Housing Finance Agency's First-Generation Homebuyers Community Down Payment Assistance Fund. Up to 10% of the home's purchase price, capped at $32,000, as a 0% interest forgivable second-mortgage loan. Forgiven over 5 years (20% per year, straight-line) as long as the borrower lives in the home as primary residence. Designed for first-generation homebuyers (parents/guardians did not own a home during borrower's childhood). 资金来自MHFA First-Generation DPA Fund、State和CDFI。

First Generation Down Payment Assistance提供最高$32,000的援助。 该项目可与其他援助结合使用，但须遵守各项目的规定。 金额是该项目公布的上限，并非报价——具体每人的援助金额由管理该项目的机构决定。

First Generation Down Payment Assistance在5年后免除，因此住满这段时间的购房者无需偿还。 触发还款的情形：Pro-rata recapture of unforgiven balance if borrower exits before completing 5-year forgiveness term (sale, refinance with cash-out, transfer, or loss of owner-occupancy). 该援助以2顺位留置权登记。 免除和还款条款由项目设定，并可能变化——申请前请在项目官方网页上确认。

First Generation Down Payment Assistance面向首次购房者和将房屋作为主要住所自住的购房者。 此处的“首次”有例外情况：First-time buyer required AND first-generation status required. 关于信用，该项目说明：Per first-mortgage lender; typically 640+。 须参加购房者教育课程，由Minnesota Homeownership Center / Framework / HUD-approved counseling agency.提供。 居住要求：Property must be located in Minnesota and used as borrower's principal residence. 公民身份或移民身份：U.S. citizen or qualified non-citizen per first-mortgage and Minnesota Housing rules。 First-generation homebuyer status: borrower's parents or legal guardians did not own a home during borrower's childhood, OR borrower has been in foster care. Borrower must be a first-time buyer. Income at or below 100% AMI: 1-person $111,700 to 4-person $124,200 (FY2025 - per Minnesota's First-Generation DPA Fund administered statewide). Property must be in Minnesota. Buyer must complete approved homebuyer education.

First Generation Down Payment Assistance将家庭收入限制在地区收入中位数的100%，该数值因县和家庭人数而异。 Household income at or below 100% AMI for Minneapolis-St. Paul-Bloomington MSA: 1-person $111,700 to 4-person $124,200 (FY2025 program limit). 该限制适用于家庭总收入，而不仅是借款人的收入。 该项目列出的最大家庭人数为4。 地区收入中位数由HUD公布并每年更新，因此在依据某个数字之前，请查看该县的最新表格。

First Generation Down Payment Assistance的房价上限如下：No fixed program cap; subject to Minnesota Housing acquisition limits when paired. 符合条件的房屋类型包括Single-family detached、Townhome、Condominium和2-unit owner-occupied。 新建房屋符合条件。 预制房屋符合条件。

First Generation Down Payment Assistance服务于在Minnesota任何地方购房的购房者。

First Generation Down Payment Assistance的申请通过管理该项目的机构办理，该机构在其网站上公布现行条款和申请步骤。 资金通过Statewide reservation system administered through Minnesota Housing's network; NWHP intake for Twin Cities metro.预留。 Hey Prescott不是贷款机构，也不受理申请；本页介绍该项目，方便购房者向贷款机构或住房咨询师咨询。