MSHDA Down Payment Assistance

The Michigan State Housing Development Authority’s Down Payment Assistance Program offers an array of benefits that can help aspiring homeowners achieve their dreams of purchasing a house. First and foremost, the program provides financial assistance with the down payment, in the form of forgivable loans up to $7,500, which can significantly reduce the amount of money required to purchase a home. This, in turn, makes housing more affordable and accessible for low- to moderate-income families who might otherwise struggle to cover these costs.

MSDHA DPA offers flexibility when it comes to repayment terms, making it easier for borrowers to manage their finances over time. The program supports sustainable homeownership by offering resources such as homebuyer education courses and financial counseling services that can help individuals make informed decisions about purchasing and maintaining their homes. Overall, MSDHA DPA is a valuable resource that helps foster stronger communities by supporting responsible homeownership among diverse groups of people.

To be eligible for the program, applicants must meet certain criteria, including:

  • -Having a credit score of at least 640.
  • -Completing a homebuyer education course.
  • -Meeting income limits based on household size and location.
  • -Sales Price limit – $224,500 statewide.
  • -Available to first-time homebuyers statewide.*
  • *Those who have not purchased a home in the previous three years.






Homebuyer Education Course Providers

Oakland County

Community Housing Network – Troy
5505 Corporate Drive Suite 300
Troy, MI 48098
248-269-1333

Oakland County Housing Counseling
250 Elizabeth Lake Rd. Suite 1900
Pontiac, MI 48341
248-858-5402

Oakland Livingston Human Services Agency
Pontiac Office
196 Cesar E. Chavez
Pontiac, MI 48343
248-209-2775

Macomb County

MSU Extension – Macomb (Clinton Twp)
21885 Dunham Road Verkuilen 12
Clinton Township, MI 48036
586-469-6430