DPA Finder
Menu
Information only. Not a lender or agency. Disclosures

Ramsey County, MN FirstHome DPA closed until early 2027

Published · Homebuyer update · By the DPA Finder editorial team

Ramsey County, Minnesota's FirstHome down payment assistance has run out of funding and closed its application portal, with the next round expected in the first quarter of 2027.

Ramsey County, Minnesota runs FirstHome, a down payment assistance program for first-time and first-generation homebuyers with low-to-moderate incomes who are buying in suburban Ramsey County. Eligible buyers can purchase a home priced up to $372,600 and qualify for loans that can be used for down payment and closing costs.

The county's program page now says that, due to high demand, current funding has been depleted and the application portal is closed. Applications already submitted will be processed in the order they were received. The county expects to launch its next round of funding in the first quarter of 2027 and says to watch its website for the official reopening announcement.

If you plan to use FirstHome when it reopens, you can get ready now. The program requires meeting with a homeownership advisor and completing homebuyer education (the Home Stretch workshop or Framework online), and your loan officer applies on your behalf once you are pre-approved for a first mortgage.

If you need help sooner, look at statewide options from Minnesota Housing, such as the Deferred Payment Loan and the Monthly Payment Loan. See our Minnesota page for every program we track there, or read how down payment assistance works.

Sources

Related on DPA Finder

More updates

Free down payment aid updates

New, changed and closed down payment assistance programs, from official sources. Free. Unsubscribe anytime.