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National Faith Homebuyers Wayne County DPA

Administered by: National Faith Homebuyers · County · Forgivable Loan

Funding status: Active

How much assistance

$13,999 (Forgivable Loan)

Forgiven after 5 years of owner-occupancy at 0% interest.

Eligibility

  • Income limits: Must fall within HUD income limits at 80% AMI for Wayne County, based on family size.
  • Purchase price limit: $374,199
  • First-time buyer required: Yes — Must not have owned a home in the prior three years.
  • Geographic restrictions: Must purchase an existing home in Wayne County, Michigan.
  • Homebuyer education required: Yes

How to Apply for National Faith Homebuyers Wayne County DPA

Step 1: Complete the homebuyer education program provided by National Faith Homebuyers or another approved agency. Get pre-qualified by a lender. Must contribute a minimum of $1,000 of your own funds toward the purchase. Contact National Faith Homebuyers at (313) 255-9500 to begin the application process.

Notes

Administered by National Faith Homebuyers, a HUD-approved housing counseling agency based in the Detroit metro area. Serving Wayne County since 1996.

Cities Where This Program Is Available