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LiveYpsi EMU Employee Homebuyer Assistance Program

Administered by:
Eastern Michigan University and Washtenaw County
· City · Forgivable Loan
Funding status: Active

How much assistance

$5,000 or $10,000 forgivable loan (amount depends on property location)
20% forgiven each year over 5 years of meeting eligibility requirements. 100% of the loan and all accrued interest forgiven at the end of the five-year period.

Eligibility

  • First-time buyer required: No
  • Geographic restrictions: Must purchase in the City of Ypsilanti or specific areas of Ypsilanti Township
  • Homebuyer education required: No

How to Apply for LiveYpsi EMU Employee Homebuyer Assistance Program

Must be a full-time employee of Eastern Michigan University or the EMU Foundation. Contact EMU for application details. Eligible expenses include down payment, moving expenses, and home renovations.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (1 city across 1 state)