City of Jackson 100 Homes Program

What is City of Jackson 100 Homes Program?

City of Jackson 100 Homes Program is a forgivable loan for homebuyers in Jackson, Michigan, administered by City of Jackson Community Development Department / Affordable Housing Development Board.

• The City of Jackson 100 Homes Program constructs up to 100 new single-family homes (2024-2026) on vacant City-owned lots, sold at a pre-negotiated $178,000 to buyers earning up to 120% AMI. The City provides $25,000 in down-payment assistance per home as a 5-year forgivable deferred loan; buyers are encouraged to layer the MSHDA $10,000 DPA, and an additional $30,000 is available for a limited time on 21 MLK-CIA corridor lots (up to $55,000 total).
• Up to $25,000 (or $55,000 with MLK-CIA layer) forgivable down-payment assistance; brand-new energy-efficient home at a fixed below-market price.
• Funding comes from City of Jackson ARPA funds (Jackson City Council allocation, approved March 21, 2023); MLK-CIA provides additional layered funds.

How much assistance does it provide?

City of Jackson 100 Homes Program offers between $25,000 and $55,000 in assistance, depending on the award tier a buyer qualifies under.

• Award tiers: Base: $25,000 City DPA per home (up to 100 homes). Layered: additional $10,000 via MSHDA MI 10K DPA. MLK-CIA bonus: additional $30,000 for buyers selecting one of 21 eligible MLK Corridor lots, for up to $55,000 total.
• The program can be combined with MSHDA MI 10K DPA Loan; MLK-CIA additional $30,000 DPA.
• Amounts are the program's published maximums, not an offer — City of Jackson Community Development Department / Affordable Housing Development Board determines any individual award.

Do you have to pay it back?

City of Jackson 100 Homes Program is forgiven after 5 years, so a buyer who stays that long does not repay it.

• Repayment is triggered by $25,000 down-payment assistance is a 5-year deferred loan/grant; if the buyer occupies the home as primary residence for the full 5-year affordability period, no repayment is required. Sale or loss of owner-occupancy during the period triggers repayment.
• The assistance is recorded in second position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

City of Jackson 100 Homes Program is open to buyers who will live in the home as their primary residence.

What are the income limits?

City of Jackson 100 Homes Program limits household income to 120% of the area median income, which varies by county and household size.

• Combined household income may not exceed 120% of Area Median Income (HUD), adjusted for household size. 2024 120% AMI: 1p $70,800; 2p $80,950; 3p $91,050; 4p $101,150; 5p $109,250; 6p $117,350; 7p $125,450; 8p $133,550.
• The limit applies to total household income, not only the borrower’s.
• The program lists a maximum household size of 8.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

City of Jackson 100 Homes Program can be used for Single Family.

• New construction is eligible.
• Manufactured homes are not eligible.

Where does it apply?

City of Jackson 100 Homes Program serves buyers purchasing in Jackson, Michigan.

• Targeted neighborhoods: Vacant City-owned residential lots citywide; 21 lots within the Martin Luther King, Jr. Corridor Improvement Authority (MLK-CIA) qualify for the additional $30,000.

How do you apply?

Applications for City of Jackson 100 Homes Program go through City of Jackson Community Development Department / Affordable Housing Development Board, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through City-facilitated homebuyer education classes and counseling (required).

2. 2

   Contact City of Jackson Community Development Department / Affordable Housing Development Board to reserve funds

   Funds are reserved through Online application portal (Neighborly Software); first-approved, first-served for the MLK-CIA additional funds, and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.