MSHDA Step Forward Down Payment Assistance

Michigan State Housing Development Authority

Available Down Payment

About This Program

Down payment assistance for first-time homebuyers in Michigan purchasing in non-targeted areas. Provides up to $7,500 as a loan with 0% interest, due at sale or refinance. Must complete homebuyer education and use MSHDA-approved lender.

Typical down payment assistance loan amount

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

Key Details

  • $7,500 down payment assistance loan
  • 0% interest, due at sale or refinance
  • Must complete homebuyer education
  • Income limits apply based on county AMI
  • First-time homebuyers only

How to Apply

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

Deadline: Ongoing through participating lenders

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Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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