Local GrantFunds depleted
Twin Cities First-Gen Grant
$24,500typical award
Forgivable grant for first-generation buyers in the metro. Limited remaining funds.
Funds depleted
Closed Dec 19, 2024 — Minnesota Housing reports one-time First-Generation Homebuyer Loan funds are fully committed. No new commitments accepted. Check MN Housing for re-funding announcements.
Eligibility checklist
- First-generation homebuyer (parents have not owned a home)
- Household income at or below 100% AMI
- Property located in Hennepin, Ramsey, or Dakota County
- Complete Home Stretch + 1-on-1 homeownership counseling
- Forgivable after occupying the home 5 years
Limited funds — apply early via an MHFA lender.
Ready to apply?
Open the official program page and start with an approved lender.
Verified June 2026. Program terms change — confirm details with the official source before applying.