See programs you qualify for
Get Matched Free →CHN Oakland County HOME Homebuyer Subsidy
Funding status: Active
How much assistance
Up to $25,000 (Forgivable Loan)
Subject to HOME program affordability period requirements.
Eligibility
- Income limits: Must meet HUD HOME program income guidelines (generally up to 80% AMI)
- First-time buyer required: Yes — Must not have owned a home in the past three years.
- Geographic restrictions: Must purchase a CHN-rehabilitated home in Oakland County, Michigan.
- Homebuyer education required: Yes
How to Apply for CHN Oakland County HOME Homebuyer Subsidy
Step 1: Contact Community Housing Network at (248) 928-0111 to learn about available CHN-rehabilitated homes in Oakland County Complete CHN's required homebuyer education course Submit income documentation and application through CHN Get approved for a mortgage through a participating lender Receive the HOME subsidy at closing which reduces your mortgage amount
Notes
Partnership between Community Housing Network and Oakland County using HOME Investment Partnerships Program funds. Subsidy reduces mortgage amount and lowers monthly payments. Available specifically for CHN-rehabilitated properties.