The First Time Homebuyer Program is currently suspended with no funds available for first mortgages or down payment assistance. If you have any questions, please call 651-675-4465.
Are you looking to purchase your first home? The CDA’s First Time Homebuyer Program may be just what you’ve been waiting for. Homebuyers purchasing their first home in Dakota County can access fixed, low-interest mortgage financing along with a Mortgage Credit Certificate and up to $8,500 in downpayment and closing cost assistance through our First Time Homebuyer Program. Since 1983, we have helped over 5,000 Dakota County residents purchase their first homes and you could be next!
First Time Homebuyer Program
The CDA’s Home Stretch Homebuyer Education Program, Framework Online Homebuyer Education Program and Pre-Purchase counseling are ways that potential homebuyers can educate themselves on the unknowns of homeownership. Homebuyer education will give you the tools and resources needed to become a successful homeowner.
Homebuyer Education Program
Have you missed a mortgage payment or are you nearing foreclosure? The CDA’s Mortgage Foreclosure Program is a free advisory program for homeowners who are nearing foreclosure. Our homeownership advisor can provide information and review options to help you stay in your home.
Mortgage Foreclosure Program
The Home Improvement Loan Program assists low- and moderate-income homeowners with making repairs and improvements to their homes, like:
- roof replacement
- furnace replacement
- electrical and plumbing repairs
- insulation
- Improvements for special needs, such as ramps, bathroom or kitchen modifications
Home Improvement Loan Programs
Weatherization services will permanently reduce energy bills by helping to make your home more energy efficient. The Weatherization Assistance Program is administered as a joint effort between the CAP Agency and the CDA. The program provides income qualified homeowners in Carver, Dakota and Scott Counties with a grant to assist with making their home more energy efficient.
Grant funds are used to:
- Reduce air leakage
- Insulate attics or walls
- Replace inefficient refrigerators, lighting or shower heads
- Upgrade furnaces
- Make other related health and safety improvements
Weatherization & Energy Efficiency
Payoff requests for CDA down payment assistance loans should be emailed to mjacobs@dakotacda.org
Payoff requests for CDA home rehabilitation loans should be emailed to mhanson@dakotacda.org
If this is a request due to a refinance, please include a refinance advising certificate in accordance with Minnesota state law. If your client needs to refinance advising appointment, please have them email or call Jill Bjorklund at jbjorklund@dakotacda.org or 651-675-4473 to set up an appointment. Clients may contact any refinance advisor through the following link:
Minnesota Homeownership Center
Additional home rehab and fix-up programs and resources may be available through other housing-related agencies.
Other Programs & Resources
