Minnesota Housing Start Up Loan, Down Payment Assistance

Minnesota Housing Finance Agency (MHFA)

Available Down Payment

About This Program

Minnesota Housing Start Up Loan, Down Payment Assistance is available in Minneapolis, MN.

Minnesota Housing's Start Up program pairs a below-market first mortgage with a Monthly Payment Loan (MPL) or Deferred Payment Loan Plus (DPL+) for down payment assistance up to $18,000. The DPL+ is a 0% interest deferred loan due on sale or maturity. Minneapolis Community Planning & Economic Development (CPED) also offers additional local DPA that can be layered.

First-time homebuyers using MN Housing first mortgage product

Official program page checked live on 2026-06-22.

Data last verified 2026-04-01. How we verify our data.

In Minneapolis, MN, you can combine this program with other local help to cut your cost:

Key Details

  • Up to $18,000 as Deferred Payment Loan Plus (0% interest)
  • Must pair with MN Housing Start Up first mortgage
  • Deferred, due on sale, transfer, or maturity
  • Hennepin County income limits: up to $138,000 for 3+ persons
  • Contact MN Housing: 651-296-8215 or 800-710-8871

How to Apply

A grant-savvy contractor in Minneapolis, MN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Rolling through MN Housing-approved lenders

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Frequently asked questions

How much can Minnesota Housing Start Up Loan, Down Payment Assistance provide in Minneapolis, MN?

Up to $18,000.

How do I apply for Minnesota Housing Start Up Loan, Down Payment Assistance in Minneapolis, MN?

Apply directly with Minnesota Housing Finance Agency (MHFA) using the official program link on this page or call 651-296-8215. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Minneapolis, MN

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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