CDA Releases Over $41 MIllion in
First Time Homebuyer Financing

If you’re looking to buy your first home this year in Dakota County, then consider applying for a First Time Homebuyer Loan offered by the Dakota County Community Development Agency (CDA). With an interest rate of 4.99% and up to $10,000 in downpayment assistance, buyers will be able to maximize their purchasing power and at the same time have a stable, fixed rate first mortgage.

Interested buyers apply for the loans and downpayment assistance through qualified participating mortgage lenders. Please check out our preferred mortgage partner to apply. To download the First Time Homebuyer Brochure, click here.