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Edina Heroes Down Payment Assistance Program

Administered by:

Edina Housing Foundation / Edina HRA
· City · Deferred Loan

Funding status: Active

How much assistance

Up to 0,000 (25% of purchase price); additional ,000 forgivable loan for first-generation buyers

Subordinate mortgage; ,000 first-generation portion is forgivable.

Eligibility

  • Income limits:
    Income-restricted; specific limits set by Edina Housing Foundation.
  • First-time buyer required: No
  • Geographic restrictions:
    Buyer must work within the City of Edina limits AND purchase a home in Edina. Eligible occupations include healthcare workers (nurses, doctors, technicians, etc.), educators (teachers, school staff, librarians, custodians), and public employees (law enforcement, fire department, City of Edina employees).
  • Homebuyer education required: Yes

How to Apply for Edina Heroes Down Payment Assistance Program

Step 1: Apply through the Edina Housing Foundation. Borrower must contribute at least ,000 toward down payment, closing costs, or prepaid expenses.

Notes

New program approved November 2025 with million in initial funding from the Edina Housing & Redevelopment Authority. Created in response to the suspension of the Come Home 2 Edina program. Verify current funding status with the Edina Housing Foundation.

Cities Where This Program Is Available