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 $40,000 in select neighborhoods of Lansing and East Lansing that can be used for:

  • Down-payment as required by the first mortgage lender

  • A reduction to the first mortgage as needed for loan qualification

  • Qualified Closing costs

Additional Rehabilitation assistance available in East Lansing – Funds between $1,000 and $5,000 can be used for :

  • Repairs needed to address code violations (mandatory)

  • Repairs to improve energy efficiency

  • Repair/Replacement of inoperable and/or obsolete home systems

  • Reduction of lead paint hazards (mandatory)

CLICK HERE to view a map of East Lansing qualified neighborhoods.

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:

There are no income restrictions and participation requirements vary by employer.

About CAHP

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Get in Touch

Capital Area Housing Partnership develops strong, diverse neighborhoods with a focus on affordable housing, homeownership and financial security in mid-Michigan.

600 West Maple - Suite D

Lansing, MI 48906

Tel: (517) 332-HOME

© 2020 - CAHP. All Rights Reserved.

 

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