Michigan STEP Forward Down Payment Assistance

About This Program

Down payment and closing cost assistance for first-time homebuyers in Michigan purchasing in targeted areas. Provides $7,500 grant that does not need to be repaid if you stay in the home for 5 years. Must be combined with an MI Home Loan.

Grant for down payment and closing costs, forgiven after 5 years

Data last verified 2026-06-09. How we verify our data.

Key Details

• Grant up to $7,500 for down payment and closing costs
• Must be first-time homebuyer (with some exceptions)
• Forgiven after 5 years of occupancy
• Must use with MI Home Loan program
• Income and purchase price limits apply

How to Apply

A grant-savvy contractor in Birmingham, MI can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing while funds available