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CHN Oakland County HOME Homebuyer Subsidy

Administered by:
Community Housing Network / Oakland County Community & Home Improvement Division
· County · Forgivable Loan
Funding status: Active

How much assistance

Up to $25,000
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

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

Learn More About Homebuying Assistance

Cities Where This Program Is Available (4 cities across 1 state)