Down Payment Assistance - Saint Paul City Offices
Provides financial assistance for eligible homebuyers at or below 60% Area Median Income (AMI). Qualified homebuyers can receive up to $40,000 for a home down payment, closing costs, and/or property inspection.
Categories
Last assured
08/12/2024
Physical Address
15 West Kellogg Boulevard, Saint Paul, MN 55102
Hours
8 am - 4:30 pm Monday - Friday
Voice
Website
Application process
Applicant or applicant's realtor contacts the HRA to request a reservation of funds; copy of executed purchase agreement; Preliminary Income Calculation Worksheet
Fee
No fees
Required documents
Copy of executed purchase agreement; Preliminary Income Calculation Worksheet; proof of income; proof of Residency
Eligibility
Homeowners located in Ramsey County who earn at or less than 60% Area Median Income Home must be in compliance with current zoning and code requirements: - 2 units or less - Single unit homes include single-family detached homes, individual condominium units, townhome units, and cooperative housing units - Two-unit homes include duplexes. Homebuyer must complete Landlord 101 training with the Department of Safety and Inspections - Purchased at or less than $256,000(single-unit) or $328,000 (two-unit); and within an eligible census tract
Service area
Ramsey County, MN
Agency info
Saint Paul City Offices
Contact information for St. Paul city services