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City of East Lansing Down Payment Assistance

Administered by: City of East Lansing (administered by Capital Area Housing Partnership) · City · Forgivable Loan

Funding status: Active

How much assistance

Between $1,000 and $30,000 (Forgivable Loan)

Eligibility

  • Income limits: Household income at or below 80% of Area Median Income for the Lansing-East Lansing MSA
  • First-time buyer required: Yes — Must not have owned a home in the previous three years.
  • Geographic restrictions: Must purchase a home within East Lansing city limits in select neighborhoods.
  • Homebuyer education required: Yes

How to Apply for City of East Lansing Down Payment Assistance

Step 1: Contact Capital Area Housing Partnership (CAHP) at 517-332-4663 or info@capitalareahousing.org. You can also contact the City of East Lansing Community and Economic Development Specialist Matt Apostle at 517-319-6859 or grants@cityofeastlansing.com. Buyer's personal investment must equal at least 1% of purchase price. Completion of CAHP Home Buyer Education course is required prior to closing.

Notes

Funds can be used for down payment as required by the first mortgage lender or to reduce the first mortgage as needed for loan qualification. Program is CDBG-funded and limited to select neighborhoods within East Lansing city limits.

Cities Where This Program Is Available