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Macomb Community Action IDA Homebuyer Program

Administered by: Macomb Community Action · County · Grant

Funding status: Active

How much assistance

Up to $4,000 ($1,000 savings matched 3:1) (Grant)

Matched savings grant. No repayment required once matched funds are applied toward home purchase.

Eligibility

  • Income limits: Must be low- to moderate-income. Specific income limits determined by Macomb Community Action.
  • First-time buyer required: No
  • Geographic restrictions: Available to Macomb County residents.
  • Homebuyer education required: Yes

How to Apply for Macomb Community Action IDA Homebuyer Program

Step 1: Contact Christina Stepowski at Macomb Community Action at (586) 469-7378 to enroll. You must have a child under 18 living at home, attend a budgeting class, have reasonable or repairable credit, and contribute a minimum of $20 per month in savings. Every $1 you save is matched 3:1, so saving $1,000 earns a $3,000 match for $4,000 total toward your down payment.

Notes

Individual Development Account (IDA) matched savings program. Requires a child under 18 in the household. Participants learn budgeting skills while building savings for homeownership. The 3:1 match ratio means relatively small monthly contributions can generate meaningful down payment assistance.

Cities Where This Program Is Available