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City of Midland First-Time Homebuyers Purchase Assistance Program

City of Midland Housing/Planning Department (CDBG/HOME) · Midland, Michigan

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See what you qualify forOfficial program site →
Assistance

$15,000

The maximum the program publishes — not an offer

Income limit

80% AMI

Of area median income; varies by county and household size

Repayment

Forgivable

Forgiven once the program's conditions are met

What is City of Midland First-Time Homebuyers Purchase Assistance Program?

City of Midland First-Time Homebuyers Purchase Assistance Program is a forgivable loan for homebuyers in Midland, Michigan, administered by City of Midland Housing/Planning Department (CDBG/HOME).

  • The City of Midland First-Time Homebuyers Purchase Assistance Program helps income-eligible first-time homebuyers purchase an existing or newly constructed home within Midland city limits. Assistance of up to $15,000 toward down payment and closing costs is provided as a zero-interest deferred forgivable loan, conditioned on continued owner-occupancy. If the owner-occupancy/affordability conditions are not met during the term, a prorated repayment may be required.
  • Up to $15,000 toward down payment and closing costs.
  • Zero-interest deferred forgivable loan.
  • Available for existing or newly constructed homes.
  • No monthly payments.
  • This is a federal program, so it is available beyond a single state or city.
  • Funding comes from Federal CDBG/HOME funds via U.S. HUD passed through City of Midland.

How much assistance does it provide?

City of Midland First-Time Homebuyers Purchase Assistance Program offers up to $15,000 in assistance.

  • The program can be combined with Commonly layered with MSHDA MI Home Loan / MI 10K DPA (not confirmed on official source).
  • Amounts are the program's published maximums, not an offer — City of Midland Housing/Planning Department (CDBG/HOME) determines any individual award.

Do you have to pay it back?

City of Midland First-Time Homebuyers Purchase Assistance Program is a forgivable loan, so the balance is forgiven once the program's conditions are met.

  • Repayment is triggered by Repayment of a prorated portion required if borrower sells, transfers, leases, rents, abandons, or ceases to occupy the property as principal residence during the affordability/forgiveness period.
  • 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 Midland First-Time Homebuyers Purchase Assistance Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — with exceptions: Defined as not having owned a home in the past three years.
  • The home is occupied as a primary residence
  • A completed homebuyer education course
  • Residency: Home must be located within the City of Midland city limits.
  • DRAFT (dpa-gap-finder 2026-06-13): pending review. City-administered first-time homebuyer DPA. GAP NOTES: program parameters ($15,000 max, 0% deferred forgivable, <=80% AMI, 3-year first-time-buyer definition, existing/new construction in city limits, homebuyer education) corroborated across multiple listings but city's own term sheet/income table not located online — VERIFY directly with the City of Midland Planning/Housing Department. Unconfirmed: forgiveness_years, exact income-limit dollar amounts by household size, min credit score, DTI, max purchase price, eligible loan products, fees, participating lenders, manufactured-home eligibility.

The program excludes

  • Households above 80% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

City of Midland First-Time Homebuyers Purchase Assistance Program limits household income to 80% of the area median income, which varies by county and household size.

  • Household income at or below 80% of Area Median Income for Midland County, adjusted by household size (HUD/CDBG limits, updated annually). Full dollar table by household size not confirmed on official source.
  • The limit applies to total household income, not only the borrower&rsquo;s.
  • 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 Midland First-Time Homebuyers Purchase Assistance Program can be used for Single Family.

  • New construction is eligible.

Where does it apply?

City of Midland First-Time Homebuyers Purchase Assistance Program is a federal program, so it is not limited to Michigan.

How do you apply?

Applications for City of Midland First-Time Homebuyers Purchase Assistance Program go through City of Midland Housing/Planning Department (CDBG/HOME), which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program before funds are reserved.

  2. Contact City of Midland Housing/Planning Department (CDBG/HOME) to reserve funds

    Funds are reserved through First-come, first-served while funds available; apply through City of Midland Housing/Planning Department, and are subject to availability.

  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.

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