Genesee County Down Payment Assistance Program

What is Genesee County Down Payment Assistance Program?

Genesee County Down Payment Assistance Program is a forgivable loan for homebuyers in Genesee County, Michigan, administered by Genesee County Metropolitan Planning Commission (GCMPC).

• The Genesee County Metropolitan Planning Commission (GCMPC) provides up to $10,000 to first-time homebuyers to purchase their first home in Genesee County (excluding the Cities of Flint and Clio and the Villages of Otter Lake and Lennon). Funded with HOME Investment Partnership funds from HUD, the assistance is a no-interest loan that is forgiven if the homeowner remains in the home for 5 years; it must be repaid in full if the property is sold within the five-year period. A mortgage and promissory note are recorded as a lien. The program works in collaboration with participating financial institutions; a borrower must first secure a mortgage with an approved lender. Total program funding availability noted as $100,000.
• Down payment assistance.
• Closing cost assistance.
• This is a federal program, so it is available beyond a single state or city.
• Funding comes from HOME Investment Partnerships Program (HUD), administered by Genesee County / GCMPC.

How much assistance does it provide?

Genesee County Down Payment Assistance Program offers up to $10,000 in assistance.

• Buyer contribution: Homebuyer must contribute either 1% of the sales price or $500, whichever is greater.
• Amounts are the program's published maximums, not an offer — Genesee County Metropolitan Planning Commission (GCMPC) determines any individual award.

Do you have to pay it back?

Genesee County Down Payment Assistance Program is forgiven after 5 years, so a buyer who stays that long does not repay it.

• Repayment is triggered by Loan must be repaid in full if the property is sold during the five-year forgiveness period; forgiven if homeowner remains in the home for 5 years.
• The assistance is recorded in Second (subordinate to the primary mortgage lender) position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Genesee County Down Payment Assistance Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Genesee County Down Payment 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, adjusted for household size (HUD-released 6/01/26 limits for Flint/Genesee County; FY2026 MFI $82,100): 1 person $46,850; 2 $53,550; 3 $60,250; 4 $66,900; 5 $72,300; 6 $77,650; 7 $83,000; 8 $88,350.
• 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?

Genesee County Down Payment Assistance Program caps the purchase price as follows: Purchase price must be within current affordable FHA loan limits for Genesee County (per HUD lookup).

• Eligible property types include Single-family.

Where does it apply?

Genesee County Down Payment Assistance Program is a federal program, so it is not limited to Michigan.

How do you apply?

Applications for Genesee County Down Payment Assistance Program go through Genesee County Metropolitan Planning Commission (GCMPC), 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 Eight (8) hours of housing counseling through a HUD-approved Housing Counseling Agency serving Genesee County (required after DPA approval)..

2. 2

   Contact Genesee County Metropolitan Planning Commission (GCMPC) to reserve funds

   Funds are reserved through Borrower applies for a mortgage through a participating/approved lending institution; DPA provided after mortgage approval., 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.