Macomb County Habitat for Humanity Home Buyer Program

What is Macomb County Habitat for Humanity Home Buyer Program?

Macomb County Habitat for Humanity Home Buyer Program is down payment assistance for homebuyers in Shelby Township, Michigan, administered by Macomb County Habitat for Humanity.

• Macomb County Habitat for Humanity sells safe, decent, newly built homes to qualified low-income, first-time homebuyer families via an affordable 25-year Habitat mortgage. Partner families complete 100 sweat-equity hours, accumulate a $1,000 down payment over the program, attend financial literacy and homeowner education, and must meet income, credit (630+), and DTI (40% or lower) requirements. The below-market mortgage is the primary form of homeownership assistance.
• Affordable 25-year Habitat mortgage on a newly built home.
• Below-market purchase price.
• $1,000 down payment accumulated through the program.
• Homebuyer education and financial literacy.
• Funding comes from Macomb County Habitat for Humanity (donations, grants, sweat equity).

Do you have to pay it back?

Macomb County Habitat for Humanity Home Buyer Program is down payment assistance and is repaid under the terms set by Macomb County Habitat for Humanity.

• Repayment is triggered by Affordable 25-year Habitat mortgage; resale/affordability restrictions apply 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?

Macomb County Habitat for Humanity Home Buyer Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Macomb County Habitat for Humanity Home Buyer Program sets its income limit as follows: Must have legal, verifiable income of at least $42,420 for a one-person household (minimum increases with household size); maximum income limits published in the affiliate's income-limit chart. Specific maximum dollar limits by household size not machine-readable from the page.

• The limit applies to total household income, not only the borrower’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?

Macomb County Habitat for Humanity Home Buyer Program can be used for Single Family.

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

Where does it apply?

Macomb County Habitat for Humanity Home Buyer Program serves buyers purchasing in Shelby Township, Michigan.

How do you apply?

Applications for Macomb County Habitat for Humanity Home Buyer Program go through Macomb County Habitat for Humanity, 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 Macomb County Habitat for Humanity homeowner meetings and financial literacy courses.

2. 2

   Contact Macomb County Habitat for Humanity to reserve funds

   Funds are reserved through Application-based with a waiting list; program is seasonally paused for portions of the year., 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.