See programs you qualify for

By Tyler Thompson · Licensed Real Estate Agent · Updated April 10, 2026

Homebuyer Programs in Ypsilanti Township, MI (2026)

Population: 54,554 | Median home price: $250,000 | Est. closing costs: $5,000 - $7,500

Ypsilanti Township is a community of about 55,000 residents in Washtenaw County, located adjacent to the City of Ypsilanti and home to Eastern Michigan University. With a median home price around $250,000, it offers more affordable homeownership compared to nearby Ann Arbor. EMU employees can take advantage of the LiveYpsi Homebuyer Assistance Program, which provides a forgivable loan of $5,000 or $10,000 depending on the property location. The Washtenaw County Homebuyer Assistance Program offers additional support for first-time buyers, and Habitat for Humanity of Huron Valley is actively building new homes in the township. At the state level, the MSHDA MI 10K DPA Loan provides up to $10,000 and the MSHDA First-Generation DPA offers up to $25,000 for first-generation buyers. By combining local, county, and state programs, Ypsilanti Township buyers can stack significant assistance toward their purchase.

City Programs in Ypsilanti Township

Program Name	Type	Amount	First-Time Only	Details
LiveYpsi EMU Employee Homebuyer Assistance Program	Forgivable Loan	$5,000 or $10,000 forgivable loan (amount depends on property location)	No	View →

LiveYpsi EMU Employee Homebuyer Assistance Program

Type:: Forgivable Loan
Amount:: $5,000 or $10,000 forgivable loan (amount depends on property location)
First-time only:: No

County Programs in Washtenaw County

Program Name	Type	Amount	First-Time Only	Details
Washtenaw County Homebuyer Assistance Program	Grant	—	Yes	View →

Washtenaw County Homebuyer Assistance Program

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 →

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

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 →
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 →

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

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

Program Name	Type	Amount	First-Time Only	Details
Habitat for Humanity of Huron Valley Homeownership Program	Forgivable Loan	Below-market-price homes; buyers provide minimum $1,000 down payment	No	View →

Habitat for Humanity of Huron Valley Homeownership Program

Type:: Forgivable Loan
Amount:: Below-market-price homes; buyers provide minimum $1,000 down payment
First-time only:: No

Free eligibility check

13 programs available in Ypsilanti Township. See which ones you qualify for.

Free
No credit check
Takes 2 minutes

Are you a first-time homebuyer?

Yes No Not sure

Question 1 of 6

housebuyerguides

How to Apply

Step 1: Check your eligibility. The Washtenaw County Homebuyer Assistance Program requires that you live or work in Washtenaw County, do not currently own a home, and have a minimum credit score of 640. MSHDA programs are available to first-time buyers statewide.

Step 2: Complete homebuyer education. Washtenaw County offers pre-purchase homebuyer educational seminars held regularly throughout the year, as well as individual counseling with certified housing counselors. This is required for county and state assistance programs.

Step 3: If you are an EMU employee, apply for LiveYpsi. Full-time employees of Eastern Michigan University or the EMU Foundation can receive a $5,000 or $10,000 forgivable loan for purchasing a home in Ypsilanti Township. Contact EMU for application details.

Step 4: Contact Washtenaw County OCED. The Office of Community and Economic Development administers county-level homebuyer assistance for first-time buyers in Washtenaw County.

Step 5: Get pre-approved for a mortgage. Work with an MSHDA-approved lender to qualify for the MI Home Loan with up to $10,000 in down payment assistance. Ask about the First-Generation DPA if neither you nor your parents have owned a home, which offers up to $25,000.

Step 6: Explore Habitat for Humanity of Huron Valley. They are actively building new homes in Ypsilanti Township. Contact Elena at elena@h4h.org or 734-925-7839 to receive an application. Applicants must contribute 250 hours of sweat equity and provide a minimum $1,000 down payment.

Frequently Asked Questions

How much down payment assistance can I get in Ypsilanti Township?+

Ypsilanti Township buyers can access multiple programs. EMU employees can receive a $5,000 or $10,000 forgivable loan through the LiveYpsi program. The Washtenaw County Homebuyer Assistance Program provides additional support for first-time buyers. The MSHDA MI 10K DPA Loan offers up to $10,000 statewide. The MSHDA First-Generation DPA provides up to $25,000 for qualifying first-generation buyers. Habitat for Humanity of Huron Valley offers affordable homeownership with a $1,000 down payment.

Do I have to be a first-time homebuyer to qualify?+

The Washtenaw County Homebuyer Assistance Program and MSHDA MI Home Loan require first-time buyer status, meaning you have not owned a home in the past three years. The LiveYpsi program does not require first-time buyer status but is limited to full-time EMU or EMU Foundation employees. The MSHDA First-Generation DPA requires that neither you nor your parents have previously owned a home.

What is the maximum home price I can pay?+

MSHDA programs have a statewide sales price limit of $544,233 as of 2026. Washtenaw County income limits for MSHDA programs are $151,080 for targeted areas and $176,260 for larger income ranges. Contact Washtenaw County OCED or an MSHDA-approved lender for specific purchase price limits.

What homebuyer education is required?+

Washtenaw County offers pre-purchase homebuyer educational seminars throughout the year, along with individual counseling from certified housing counselors. MSHDA programs require a HUD-approved homebuyer education course. Completing the course earns your MSHDA Certificate of Completion. The LiveYpsi program does not require a separate homebuyer education course.

Do I have to work at EMU to get help buying a home here?+

No. The LiveYpsi program is exclusive to EMU and EMU Foundation employees, but all other programs are open to the general public. The Washtenaw County Homebuyer Assistance Program, MSHDA state programs, and Habitat for Humanity of Huron Valley are all available to anyone who meets their eligibility requirements regardless of employer.