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Get Matched Free →HomeBoost Down Payment Assistance
Funding status: Active
How much assistance
Up to $15,000 (up to $25,000 through some participating lenders)
Grant. No repayment required.
Eligibility
- Income limits: Household income at or below 120% of Area Median Income (AMI).
- First-time buyer required: Yes — Must be a first-time homebuyer or first-generation homebuyer.
- Geographic restrictions: Must purchase a primary residence in Michigan or Indiana. Available through participating FHLBI member lenders.
- Homebuyer education required: Yes
How to Apply for HomeBoost Down Payment Assistance
Work with a participating FHLBI member lender (bank or credit union) in Michigan. Complete HUD-approved housing counseling before closing. Contribute at least $500 of your own funds toward the purchase. Buy the home with a mortgage (not cash). Eligible properties include 1-4 unit homes, condos, townhomes, co-ops, and manufactured homes.
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Learn More About Homebuying in Michigan
Cities Where This Program Is Available (51 cities across 1 state)
Michigan (51 cities)
- Ann Arbor, MI
- Battle Creek, MI
- Bay City, MI
- Canton, MI
- Chesterfield Township, MI
- Clinton Township, MI
- Commerce Township, MI
- Dearborn, MI
- Dearborn Heights, MI
- Delta Township, MI
- Detroit, MI
- East Lansing, MI
- Eastpointe, MI
- Farmington Hills, MI
- Flint, MI
- Georgetown Township, MI
- Grand Rapids, MI
- Holland, MI
- Independence Township, MI
- Jackson, MI
- Kalamazoo, MI
- Kentwood, MI
- Lansing, MI
- Lincoln Park, MI
- Livonia, MI
- Macomb Township, MI
- Meridian Township, MI
- Midland, MI
- Muskegon, MI
- Novi, MI
- Orion Township, MI
- Pittsfield Township, MI
- Pontiac, MI
- Portage, MI
- Redford, MI
- Rochester Hills, MI
- Roseville, MI
- Royal Oak, MI
- Saginaw, MI
- Shelby Township, MI
- Southfield, MI
- St. Clair Shores, MI
- Sterling Heights, MI
- Taylor, MI
- Troy, MI
- Warren, MI
- Waterford, MI
- West Bloomfield, MI
- Westland, MI
- Wyoming, MI
- Ypsilanti Township, MI