RollingRolling deadline — apply anytime·$10,000·Updated June 21, 2026
MI 10K Down Payment Assistance (DPA) Loan
Michigan State Housing Development Authority (MSHDA)
Who can apply
first-time homebuyers. homebuyers. low-income homebuyers
About this opportunity
Down payment, closing cost, and prepaid expense assistance for Michigan homebuyers with low and moderate incomes: up to $10,000 as an interest-free deferred loan with no monthly payments. Available statewide. Must be combined with a MSHDA MI Home Loan mortgage. Maximum financing is not required. A homebuyer education certificate of completion is required. Repayment deferred until payoff of the first mortgage, sale, refinance, or when the home is no longer owner-occupied. Apply through an MSHDA-approved participating lender. Rolling, no fixed deadline.
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