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Homebuyer Programs in East Lansing, MI (2026)

Population: 48,769 | Median home price: $310,000 | Est. closing costs: $6,000 - $9,500

Last updated April 10, 2026

Skyline of East Lansing, MI

East Lansing is a vibrant college city in Ingham County, home to Michigan State University, with a median home price around $310,000. Homebuyers in East Lansing have access to some of the strongest local assistance in the state. The City of East Lansing Down Payment Assistance program offers between $1,000 and $30,000 for income-eligible first-time buyers purchasing in select neighborhoods, and the Ingham County Down Payment Assistance Program provides up to $30,000 as a zero-interest forgivable loan for buyers anywhere in the county. Capital Area Housing Partnership coordinates homebuyer education and counseling locally, and Habitat for Humanity Capital Region offers affordable homeownership opportunities. Combined with MSHDA state programs offering up to $10,000 through the MI 10K DPA Loan and up to $25,000 through the First-Generation DPA, East Lansing buyers could potentially stack over $60,000 in total assistance.

City Programs in East Lansing

City of East Lansing Down Payment Assistance
Type:
Forgivable Loan
Amount:
Between $1,000 and $30,000
First-time only:
Yes

County Programs in Ingham County

Ingham County Down Payment Assistance Program
Type:
Forgivable Loan
Amount:
Up to $30,000
First-time only:
No

State Programs in Michigan

HomeBoost Down Payment Assistance
Type:
Grant
Amount:
Up to $15,000 (up to $25,000 through some participating lenders)
First-time only:
Yes
MSHDA First-Generation Down Payment Assistance
Type:
Deferred Loan
Amount:
Up to $25,000
First-time only:
Yes
MSHDA MI 10K DPA Loan
Type:
Zero-Interest Loan
Amount:
Up to $10,000
First-time only:
Yes

Federal Programs

FHA Loans
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
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
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
HomeReady Mortgage (Fannie Mae)
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
HUD $100 Down Program
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
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
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

Capital Area Housing Partnership Homebuyer Programs
Type:
Grant
Amount:
Homebuyer education, financial counseling, and down payment assistance coordination
First-time only:
No
Habitat for Humanity Capital Region Homeownership Program
Type:
Forgivable Loan
Amount:
Below-market-price homes with affordable mortgage terms
First-time only:
No
LMCU HomeAssist Down Payment Assistance
Type:
Zero-Interest Loan
Amount:
Up to $10,000 (up to $15,000 in targeted areas)
First-time only:
Yes

How to Apply

Step 1:

Check your eligibility. The City of East Lansing DPA and the Ingham County DPA both require household income at or below 80% of Area Median Income for the Lansing-East Lansing MSA. The city program requires first-time buyer status (no homeownership in the previous three years).

Step 2:

Complete homebuyer education. Contact Capital Area Housing Partnership (CAHP) at 517-332-4663 or info@capitalareahousing.org. CAHP is a HUD-approved housing counseling agency and completion of their Home Buyer Education course is required for both the city and county programs. All homebuyer education classes must be completed before closing.

Step 3:

Get pre-approved for a mortgage. Work with an MSHDA-approved lender to access state-level programs like the MI Home Loan with up to $10,000 in DPA. Your lender will also assist you in applying for the Ingham County DPA funds.

Step 4:

Apply for down payment assistance. For the City of East Lansing DPA (up to $30,000), contact CAHP or email the City at grants@cityofeastlansing.com or call Matt Apostle at 517-319-6859. For the Ingham County DPA (up to $30,000), your lender will refer you to CAHP to complete the application process. You must have a signed purchase agreement when applying for county funds.

Step 5:

Find a home in East Lansing. Work with your real estate agent to find a home within East Lansing city limits. The city program is limited to select neighborhoods. Your personal investment must equal at least 1% of the purchase price for the city program.

Step 6:

Close on your home. Your lender, CAHP, and the city will coordinate the assistance funds at closing. The Ingham County loan is forgiven after 7 years of owner-occupancy. Allow extra time for program paperwork and approvals.

Frequently Asked Questions

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