Woodbury First-Time Homeownership Program

Must be a 1st time buyer

Single family, townhomes/twinhomes/condos
$25,000 3% interest rate, interest is paid monthly while principal deferred
Principal deferred for 30 years or until sale, transfer of title, payment of 1st mortgage, or no longer owner occupied
Minimum buyer investment of 5%

A growing suburb in the Twin Cities metropolitan area, Woodbury is located just southeast of St. Paul, the state’s capital. The city is in close proximity to one of Minnesota’s largest employers, 3M, and to the St. Croix River Valley, providing a beautiful natural setting and year-round recreational opportunities.

Woodbury is known for its attractive residential neighborhoods, which are connected by more than 120 miles of multi-use trails and surrounded by 3,000 acres of dedicated park land. Residents have a wide choice of housing, ranging from apartments and townhomes to large-lot estates.  Woodbury also is home to a thriving business community with major employers, such as The Hartford, Assurant (formerly Fortis), Target.com, Woodwinds Health Campus, eFunds, EcoWater Systems, and Long Term Care Group. Several major shopping centers can be found in the city, making Woodbury the retail shopping hub of the east metro region.