The Downpayment Assistance Program provides financial assistance for homebuyers at or below 60% Area Median Income (AMI). Qualified homebuyers can receive up to $40,000 for a home downpayment, closing costs, and/or property inspection.
All Downpayment Assistance funds have been reserved. No new reservation requests are being accepted at this time.
Homeowner Rehab and Emergency Loans
The City of Saint Paul offers homeowners no-interest deferred loans for basic and emergency improvements. Qualified homeowners can receive up to $25,000.
The Homeowner Rehab Program is currently suspended until August 1, 2022. Applications for the Emergency Loan program are open year-round until funding is no longer available.
Saint Paul Homeownership Preservation Program
The City of Saint Paul is partnering with the Minnesota Homeownership Center to create and administer the Saint Paul Homeownership Preservation Program (SPHPP). The program provides foreclosure prevention advising to homeowners and limited financial assistance under certain circumstances.