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Get Matched Free →Eden Prairie First-Time/First-Generation Homebuyer Program
Funding status: Active
How much assistance
Zero-interest deferred loan. Repayment terms apply if home is sold or no longer used as primary residence.
Eligibility
- Income limits: Moderate- to low-income households; income limits revised annually by City. Applicants must sign an attestation that neither they nor their parents have previously owned a home.
- First-time buyer required: Yes — Must be a first-time homebuyer AND a first-generation homebuyer (neither applicant nor parents have previously owned a home).
- Geographic restrictions: Property must be located within the City of Eden Prairie, MN.
- Homebuyer education required: Yes
How to Apply for Eden Prairie First-Time/First-Generation Homebuyer Program
Contact Eden Prairie Housing and Community Services staff at 952-949-8486. Funds may be used for up to 50% of down payment, up to 100% of closing costs (not exceeding ,500), or to reduce mortgage principal up to 15% of purchase price.
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