Ingham County $30,000 Down Payment Assistance Program
At a Glance
- Eligible homebuyers may receive up to $30,000 toward a down payment and closing costs.
- The assistance is a zero-interest, deferred loan that may be forgiven after seven years for existing homes or twenty years for new construction.
- The home must be located within Ingham County and meet all program eligibility requirements.
- The program is currently accepting applications while funding remains available.
TABLE OF CONTENTS:
- Overview
- What is the Ingham County DPA Program?
- Are You Eligible for the Ingham County DPA?
- Income and Asset Limits
- Buyer and Property Requirements
- Exploring Homes in Ingham County
- How the Application Process Works
- Ready to Take the Next Step?
Overview
The Ingham County Down Payment Assistance (DPA) program offers a significant opportunity to support low-to-moderate-income homebuyers. The program provides up to $30,000 in assistance, structured as a forgivable loan, to eligible buyers in Ingham County, including the key housing market of Lansing. When program funds are available, qualified buyers can access resources designed to make homeownership more achievable in the region. As of this article’s writing, funds were available.
The program is active as of this article’s creation, and applications can be submitted now. Qualified buyers can access this assistance to help make homeownership more achievable across Ingham County, including Lansing and surrounding communities.
| Program Feature | Details |
|---|---|
| Maximum Assistance | Up to $30,000 |
| Loan Type | Zero-interest deferred forgivable loan |
| Forgiveness | 7 years (existing homes) or 20 years (new construction) |
| Location | Homes located within Ingham County |
What is the Ingham County DPA Program?
Buying a home is a major milestone, but the upfront costs can feel like a huge hurdle.
That’s where down payment assistance comes in. The Ingham County DPA program is designed to make homeownership more accessible for residents of Ingham County. It provides a generous forgivable loan to help cover your down payment and closing costs, giving you the boost you need to purchase your dream home.
This program is more than just financial aid; it’s an investment in the community. By helping more low-to-moderate-income families achieve homeownership, the county aims to build stronger, more stable neighborhoods. Whether you’re looking for a home in the bustling heart of Lansing, the vibrant community of East Lansing, the historic charm of Mason, or the quiet streets of Okemos, this program could be your key to unlocking the door.
Are You Eligible for the Ingham County DPA?
This program has specific criteria to ensure it reaches the intended homebuyers.
Understanding these requirements is the first step toward seeing if this assistance is the right fit for you. Let’s break down who qualifies for this valuable Mid-Michigan homebuyer program.
Income and Asset Limits
The primary goal is to assist low-to-moderate-income households. Eligibility is based on your total household income, which must be at or below 80% of the Area Median Income (AMI). These limits are adjusted based on the number of people living in your home.
Here’s a general look at the income limits:
- 1 Person: $56,500
- 2 People: $64,550
- 3 People: $72,600
- 4 People: $80,650
- 5 People: $87,150
- 8 People: $106,500
Note: These figures can change annually. It’s always best to check the latest guidelines.
In addition to income, there is a liquid asset limit of $30,000 at the time of closing.
This includes money in checking, savings, and investment accounts but does not include retirement accounts like a 401(k) or IRA.
Buyer and Property Requirements
- Minimum Contribution: You must contribute at least $1,000 of your own funds toward the purchase.
- Debt-to-Income (DTI) Ratios: Your monthly mortgage payment (including taxes and insurance) cannot exceed 33% of your gross monthly income. Your total monthly debts (mortgage, car loans, credit cards, etc.) cannot exceed 45% of your gross monthly income.
- Primary Residence: The home you purchase must be your primary residence. This program is not for investment properties or vacation homes.
- Homebuyer Education: You must complete a HUD-approved homebuyer education course. This class provides essential knowledge about the homebuying process, budgeting, and the responsibilities of homeownership.
- Property Inspection: The home must pass a Uniform Physical Conditions Standard (UPCS) inspection conducted by the county. This ensures the property is safe and habitable.
- First Mortgage: Your primary home loan must be a fixed-rate mortgage. Adjustable-rate mortgages (ARMs) are not permitted.
Exploring Homes in Ingham County
The Ingham County DPA program opens up possibilities across the region. From urban centers to quiet suburban neighborhoods, you have a wide range of communities to explore. This assistance can be used to purchase a home in any eligible city or township within the county limits.
Cities to Consider
- Lansing
- East Lansing
- Mason
- Williamston
- Leslie
Popular Townships and Communities
- Okemos
- Haslett
- Holt
- Stockbridge
- Webberville
- Dansville
There are also purchase price limits that depend on whether you are buying an existing home or new construction. For 2025, the maximum price for an existing home was $209,000, while new construction is capped at $303,000.
How the Application Process Works
Applying for the DPA program happens alongside your mortgage application. You don’t have to navigate it alone. As your lender, we help you gather the necessary documents and coordinate with the program administrators at the Capital Area Housing Partnership.
Here’s a simplified overview of the steps:
1. Get Pre-Approved for a Mortgage
The first step is always to know your budget. We’ll help you get pre-approved for a fixed-rate mortgage.
2. Find a Home & Make an Offer
Once you have an accepted purchase agreement on a home in Ingham County, you can officially apply for the DPA.
3. Submit Your DPA Application
You’ll complete the application packet and provide supporting documents, including pay stubs, bank statements, tax returns, and your homebuyer education certificate.
4. Property Inspection & Final Approval
The county will perform its inspection. Once the property passes and your eligibility is confirmed, the funds are reserved for your closing.
Ready to Take the Next Step?
The Ingham County Down Payment Assistance program is a fantastic resource for making homeownership a reality in Lansing, East Lansing, and beyond. It can seem like a lot of information, but that’s what we’re here for. We know the process inside and out and can guide you every step of the way.
If you think you might be eligible or just want to learn more about affordable housing options in Ingham County, let’s talk. We can help you understand the requirements, get pre-approved, and start your journey toward owning a home.
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