Down Payment Assistance
CAHP in-office visits are restricted until further notice. We can be reached by phone at 517-332-4663, Monday - Friday from 9a - 5p.
Down Payment Assistance
Have you found the home of your dreams but can’t quite come up with the funds needed to close?
We offer funds of between $1,000 and $30,000 in select neighborhoods of Lansing and East Lansing that can be used for:
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Down-payment as required by the first mortgage lender
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A reduction to the first mortgage as needed for loan qualification
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Qualified Closing costs
Additional Rehabilitation assistance available in East Lansing – Funds between $1,000 and $5,000 can be used for :
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Repairs needed to address code violations (mandatory)
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Repairs to improve energy efficiency
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Repair/Replacement of inoperable and/or obsolete home systems
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Reduction of lead paint hazards (mandatory)
Employer Funded Down Payment Assistance
If you are an employee of a participating Employee Home Ownership Program (EHOP) organization, you may be eligible for assistance with the purchase of a home in areas selected by your employer.
Funds can be used to cover down payment and/or closing costs. Organizations include:
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City of East Lansing ($10,000) - CLICK HERE to view a map of qualified neighborhood
There are no income restrictions and participation requirements vary by employer.
