Habitat for Humanity Capital Region Homeownership Program

What is Habitat for Humanity Capital Region Homeownership Program?

Habitat for Humanity Capital Region Homeownership Program is down payment assistance for homebuyers in Lansing, Michigan, administered by Habitat for Humanity Capital Region.

• Habitat for Humanity Capital Region builds and rehabilitates homes in Clinton, Eaton, and Ingham counties and sells them to qualified first-time homebuyer families through an affordable mortgage whose payment (including taxes and insurance) will not exceed 30% of monthly income. Applicants must demonstrate housing need, fall within published income ranges by household size, complete 150-250 sweat-equity hours and homebuyer education, and receive post-purchase support.
• Affordable mortgage (PITI capped at 30% of income).
• Energy-efficient, accessible home.
• Homebuyer and financial education.
• Post-purchase support.
• Funding comes from Habitat for Humanity Capital Region (donations, grants, sweat equity).

Do you have to pay it back?

Habitat for Humanity Capital Region Homeownership Program is down payment assistance and is repaid under the terms set by Habitat for Humanity Capital Region.

• Repayment is triggered by Affordable Habitat mortgage with payment (incl. taxes/insurance) capped at 30% of monthly income; resale/affordability restrictions per Habitat policy.
• The assistance is recorded in First (Habitat mortgage) position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Habitat for Humanity Capital Region Homeownership Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Habitat for Humanity Capital Region Homeownership Program limits household income to $82,080.

• 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?

Habitat for Humanity Capital Region Homeownership Program can be used for Single Family.

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

Where does it apply?

Habitat for Humanity Capital Region Homeownership Program serves buyers purchasing in Lansing, Michigan.

How do you apply?

Applications for Habitat for Humanity Capital Region Homeownership Program go through Habitat for Humanity Capital Region, 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 Habitat Capital Region homebuyer education classes; financial education training.

2. 2

   Contact Habitat for Humanity Capital Region to reserve funds

   Funds are reserved through Orientation/information session then application and selection., 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.