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New Program Coming in 2024 for First-Generation Homebuyers

December 19, 2023

Minnesota Housing is excited to announce the First-Generation Homebuyer Loan Program offering downpayment assistance to first-generation homebuyers! They plan to launch the program in spring 2024.

Here’s what you need to know about the First-Generation Loan Program:
Maximum loan amount of $35,000
Forgivable if the borrower lives in the home
Half forgiven at year 10
Remaining balance forgiven at year 20
Could be combined with a standard Minnesota Housing downpayment assistance loan, for a total of up to $53,000

Available to Start Up borrowers who certify they are first-generation homebuyers. To learn more, visit the new First-Generation Homebuyer Loan webpage located in the Partner Portal. As the program launch approaches, they’ll update the page with training opportunities and additional information on the new program. They will be creating a consumer page with more information on their First-Generation Homebuyer Loan soon. Stay tuned!

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United Theological Seminary: Susan Draper White Lecture

By Hajra Zaid • February 11, 2025

United’s 34th annual Susan Draper White Lecture will take place February 24th at 7:00 PM and feature Rev. Molly T. Marshall, PhD , United’s president. President Marshall’s lecture for this free event is titled “Battle for the Minds, Revisited.”

Oxford Interfaith Forum: Prof Rambachan of MnMN to Speak

By Hajra Zaid • February 11, 2025

Monday, February 24th, 2025. 12:00pm CDT. Zoom. Register for Dr. Rambachan's Johannes Lahnemann Interfaith Peacebuilding Lecture convened by the Oxford Interfaith Forum. Dr. Rambachan will be presenting on the topic, The Paradox of Religion as Peace-Maker and Contributor to Violence . Learn more about the lecture here .