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Get Matched Free →Homebuyer Programs in Ann Arbor, MI (2026)
Ann Arbor is a vibrant college city in southeastern Michigan, home to the University of Michigan and a strong local economy that drives median home prices to around $450,000. First-time buyers can access the MSHDA MI 10K DPA Loan for up to $10,000 in zero-interest down payment assistance, and the HomeBoost Down Payment Assistance grant for up to $15,000. Locally, Bank of Ann Arbor offers an additional $3,000 grant on top of MSHDA assistance, and Washtenaw County runs its own homebuyer assistance program. The Ann Arbor Community Land Trust sells newly built homes at $125,000 to $300,000, well below market rate. By stacking state and local programs, buyers in Ann Arbor can potentially receive over $25,000 in combined assistance toward their home purchase.
City Programs in Ann Arbor
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Ann Arbor Housing Commission HCV Homeownership Program | Grant | Housing Choice Voucher subsidy applied toward mortgage payments | No | View → |
| Bank of Ann Arbor Housing Assistance Program | Grant | Up to $3,000 grant plus up to $7,500 zero-interest loan via MSHDA | Yes | View → |
- Type:
- Grant
- Amount:
- Housing Choice Voucher subsidy applied toward mortgage payments
- First-time only:
- No
- Type:
- Grant
- Amount:
- Up to $3,000 grant plus up to $7,500 zero-interest loan via MSHDA
- First-time only:
- Yes
County Programs in Washtenaw County
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Washtenaw County Homebuyer Assistance Program | Grant | — | Yes | View → |
- Type:
- Grant
- First-time only:
- Yes
State Programs in Michigan
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| HomeBoost Down Payment Assistance | Grant | Up to $15,000 (up to $25,000 through some participating lenders) | Yes | View → |
| MSHDA First-Generation Down Payment Assistance | Deferred Loan | Up to $25,000 | Yes | View → |
| MSHDA MI 10K DPA Loan | Zero-Interest Loan | Up to $10,000 | Yes | View → |
- Type:
- Grant
- Amount:
- Up to $15,000 (up to $25,000 through some participating lenders)
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- Up to $25,000
- First-time only:
- Yes
- Type:
- Zero-Interest Loan
- Amount:
- Up to $10,000
- First-time only:
- Yes
Federal Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHA Loans | Government-Insured Mortgage | Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026) | No | View → |
| FHLBA Community Partners Product | Forgivable Loan | Up to $20,000 in home purchase assistance for down payment and closing costs | No | View → |
| FHLBA First Time Homebuyer Product | Forgivable Loan | Up to $17,500 in home purchase assistance for down payment and closing costs | Yes | View → |
| FHLBA Workforce Housing Plus+ | Forgivable Loan | Up to $15,000 in home purchase assistance for down payment and closing costs | No | View → |
| Good Neighbor Next Door (HUD) | Government Property Sale Program | 50% discount off the list price of HUD-owned homes | Yes | View → |
| Home Possible Mortgage (Freddie Mac) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HomeReady Mortgage (Fannie Mae) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HUD $100 Down Program | FHA-Financed HUD REO Purchase | Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. | No | View → |
| USDA Rural Development Loans | Government-Guaranteed Mortgage | 100% financing (no down payment required); loan amount up to appraised value | No | View → |
| VA Loans | Government-Guaranteed Mortgage | No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) | No | View → |
- Type:
- Government-Insured Mortgage
- Amount:
- Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Up to $20,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Up to $17,500 in home purchase assistance for down payment and closing costs
- First-time only:
- Yes
- Type:
- Forgivable Loan
- Amount:
- Up to $15,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- FHA-Financed HUD REO Purchase
- Amount:
- Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
- First-time only:
- No
Nonprofit Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Ann Arbor Community Land Trust Homeownership Program | Forgivable Loan | Homes priced between $125,000 and $300,000, significantly below market rate | No | View → |
| Habitat for Humanity of Huron Valley Homeownership Program | Forgivable Loan | Below-market-price homes; buyers provide minimum $1,000 down payment | No | View → |
- Type:
- Forgivable Loan
- Amount:
- Homes priced between $125,000 and $300,000, significantly below market rate
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Below-market-price homes; buyers provide minimum $1,000 down payment
- First-time only:
- No
How to Apply
Check your eligibility. Review MSHDA income limits for Washtenaw County and confirm you meet first-time homebuyer requirements for the programs you're interested in.
Complete homebuyer education. Enroll in a HUD-approved course through Michigan State University Extension Service in Ann Arbor at 734-997-1678, or complete Fannie Mae's free online HomeView course.
Contact a local housing partner. Reach out to Washtenaw County Office of Community and Economic Development or Bank of Ann Arbor to discuss available down payment assistance options.
Get pre-approved for a mortgage. Work with a MSHDA-approved lender to get pre-approved for an MI Home Loan, which qualifies you for the MI 10K DPA Loan and HomeBoost grant.
Explore the Ann Arbor Community Land Trust. If you qualify based on income, sign up for the A2CLT Buyer List at a2clt.org to be notified when below-market homes become available.
Find a home within program limits. Search for homes that meet MSHDA purchase price requirements and any additional program guidelines.
Submit your application. Work with your lender and housing counselor to complete all DPA applications. Allow 30-60 days for processing alongside your mortgage.