Begin the journey of homeownership

The City of Bloomington recognizes that homeownership is key to generational wealth. The City is also committed to equity in home ownership and shares resources for current and first-generation homebuyers. Here are some places to begin.

New homebuyer and current homeowner assistance

Minnesota Homeownership Center

This organization provides free services and other resources to help buy a home or prevent foreclosure. Learn more at hocmn.org.

Hennepin County HRA Homebuyer Assistance Program

The Homebuyer Assistance Program provides Hennepin County homebuyers with up to $30,000 in assistance. Learn more at 
blm.mn/henn-co-homebuyer.

First generation-focused new homebuyer programs

Forgivable First Generation Homebuyers Community Down Payment Assistance Fund

Recipients can get forgivable assistance up to 10 percent of a home’s purchase price. Learn more at firstgendpa.org/.

Minnesota Housing’s First-Generation Homebuyer Loan Program

This program provides a deferred, interest-free and forgivable loan. Learn more at blm.mn/mn-first-gen.

First-generation homebuyers are the first in their family (including their parents or legal guardians) to own a home or to have lost a home due to foreclosure. You may still be eligible for loan programs even if you do not know this information.