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Get Matched Free →St. Louis Park Down Payment Assistance Deferred Loan
Funding status: Active
How much assistance
Zero-interest deferred loan. Standard tier repaid on sale, transfer, or when no longer owner-occupied.
Eligibility
- Income limits: Sliding scale by AMI: 50% AMI up to ,000 (25% of purchase price); 60% AMI up to ,000 (20% of purchase price); 80% AMI up to ,000 (15% of purchase price). 1- and 2-person household income limit ,300; 3+ person household ,900.
- First-time buyer required: Yes — Must not have owned a home in the past 3 years.
- Geographic restrictions: Property must be located within the City of St. Louis Park, MN.
- Homebuyer education required: Yes
How to Apply for St. Louis Park Down Payment Assistance Deferred Loan
Contact the Center for Energy and Environment at 612-335-5884 to apply. Income and loan amounts are reviewed annually and subject to change.
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