- Location
- MI
- Type
- Forgivable assistance
- Max assistance
- $20,000
- First-time buyer
- Not required
- Property types
- Single family
A place-based affordable homeownership program by MiSide (formerly Southwest Solutions) converting 60 former LIHTC rental homes in the Newberry/Chadsey-Condon area of SW Detroit to owner-occupancy. All buyers receive down payment assistance, and eligible buyers receive up to $20,000 as a conditional grant forgiven after five years of owner-occupancy. Homes sell for about $69,000 on 15-year mortgages, with required free homebuyer education; current Newberry renters get priority.
Learn this program
Short reads on how it works, in plain language. Free, no sign-up needed to read.
Free course from Hey Prescott
Newberry Affordable Homeownership Program (Down Payment Assistance), explained
A short, free course on Newberry Affordable Homeownership Program (Down Payment Assistance): what it is, who it is for, how it is forgiven, where it applies and how to apply. Based on program data from August 2026. About ten minutes.
5 modules · About 10 minutes
Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.