See programs you qualify for

Get Matched Free →

Homebuyer Programs in Portage, MI (2026)

Population: 49,975 | Median home price: $275,000 | Est. closing costs: $5,500 - $8,500

Last updated April 10, 2026

Skyline of Portage, MI

Portage is a growing city in Kalamazoo County in southwest Michigan with a median home price around $275,000. Homebuyers in Portage can access several programs at the city, county, and state level. The City of Portage offers CDBG-funded down payment assistance for income-eligible buyers purchasing in target neighborhoods, and the Kalamazoo County Treasurer Homebuyer Assistance Program provides up to $5,000 in down payment help plus $2,000 in closing costs through a partnership with Independent Bank. KNHS Down Payment Assistance offers up to $5,000 to $15,000 depending on income and funding, and the LMCU HomeAssist program provides up to $10,000 for qualifying first-time buyers. 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, Portage buyers have the potential to stack significant assistance toward their home purchase.

City Programs in Portage

City of Portage CDBG Down Payment Assistance
Type:
Grant
Amount:
Varies based on need and funding availability
First-time only:
Yes

County Programs in Kalamazoo County

Kalamazoo County Treasurer Homebuyer Assistance Program
Type:
Grant
Amount:
Up to $5,000 from Treasurer plus up to $2,000 from Independent Bank for closing costs
First-time only:
Yes

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

Kalamazoo Valley Habitat for Humanity Homeownership Program
Type:
Forgivable Loan
Amount:
Below-market-price homes with affordable mortgage terms
First-time only:
No
KNHS Down Payment Assistance Program
Type:
Grant
Amount:
Up to $5,000 to $15,000 depending on income and funding availability
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. Most Portage-area programs require household income at or below 80% to 120% of the Area Median Income for Kalamazoo County. The Kalamazoo County Treasurer program allows incomes up to 120% AMI, while the City of Portage CDBG program requires income at or below 80% AMI.

Step 2:

Complete homebuyer education. Contact Kalamazoo Neighborhood Housing Services (KNHS) at 269-364-2533 for HUD-certified homebuyer education and counseling. KNHS is a NeighborWorks America member and offers free classes covering budgeting, credit, and the home-buying process. Completing their program may also qualify you for KNHS down payment assistance.

Step 3:

Get pre-approved for a mortgage. Contact Independent Bank at 269-491-3049 to explore the Kalamazoo County Treasurer Homebuyer Assistance Program, which requires financing through Independent Bank. You can also work with any MSHDA-approved lender to access state-level programs like the MI Home Loan with up to $10,000 in DPA.

Step 4:

Apply for down payment assistance. For the City of Portage CDBG program, contact Tina Perry at 269-324-9280. For the Kalamazoo County Treasurer program (up to $5,000 DPA plus $2,000 closing costs), work with Independent Bank. For KNHS DPA (up to $5,000 to $15,000), contact KNHS at 269-364-2533.

Step 5:

Find a home in Portage. Work with your real estate agent to find a home that meets program requirements. The City of Portage CDBG program is limited to select target neighborhoods, while the Kalamazoo County program covers all of Kalamazoo County. You must contribute at least $1,000 toward the purchase for the county program.

Step 6:

Close on your home. Your lender and housing counselor will coordinate the assistance funds at closing. Allow extra processing time for program paperwork and approvals.

Frequently Asked Questions

Related Cities

Related Articles