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Get Matched Free →Eden Prairie First-Time Homebuyer Program
Funding status: Active
How much assistance
Zero-interest deferred loan. Repayment is required if the home is sold or no longer homesteaded within the first 30 years of ownership.
Eligibility
- Income limits: Household income may not exceed maximum income limits by household size, based on gross earnings (revised annually to current CDBG income limits). Gross assets cannot exceed ,000 (excluding one automobile).
- First-time buyer required: Yes — Must be a first-time homebuyer (has not owned a home within the past 3 years).
- 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 Homebuyer Program
Contact Eden Prairie Housing and Community Services staff at 952-949-8486. Borrowers must invest at least ,000 of their own funds toward the purchase price and complete a homebuyer training course before closing (offered by the Community Action Partnership of Suburban Hennepin).
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