Get help with homeownership in Woodbury
We partner with the City of Woodbury with homeownership programs to help homeowners buy and repair homes. There are two programs available:
Woodbury First-time Homeownership Program
Woodbury provides down payment assistance to make homeownership more affordable. Low-interest, deferred loans of up to $30,000 are available to buyers who have not owned a home in the past three years. Purchase prices must be $419,000 or less, and these funds can be used for single-family detached houses, townhomes, or condos. Applicants must complete an approved homebuyer education program. The first-time buyer requirement is waived for properties that are in foreclosure. This program has an income limit of $146,000.
Down Payment Program Guidelines Home Page
Down Payment Program Guidelines (PDF)
Woodbury Neighborhood Reinvestment Fund
This home improvement program helps homeowners make repairs that improve the value of the home and/or correct code violations. Funds are available as low-interest loans, with a maximum loan amount of $40,000 and minimum of $2,000. Discounted rates are offered to senior citizens and military veterans. The income limit for this program is $146,000.
Neighborhood Reinvestment Fund Program Guidelines (PDF)
