MI State Housing Development Authority (MSHDA) Down Payment

Administered by Michigan SHDA · michigan.gov

Michigan's MI Home Loan program with down payment assistance available statewide or in targeted ZIP codes.

Eligibility requirements

✓MI homebuyer
✓Income limits apply
✓640+ credit score (660 in non-targeted areas)

How to apply

Apply directly on the official website. GrantLantern does not process applications — we link you directly to the source.

Apply at michigan.gov →

Opens the official source. GrantLantern is not affiliated with this program.

Program details sourced from official government and agency websites. Eligibility is determined by the administering agency — not GrantLantern. Verify current requirements at the official source before applying.

Related programs in Housing

Covers rent above 30% of income

Housing Choice Voucher (Section 8)

Federal rental assistance for low-income families, elderly, and disabled. Tenants pay 30% of income; vouche…

View details →

Up to $10,000 grant / $40,000 loan

USDA Home Repair Grants (Section 504)

Grants and loans for very low-income rural homeowners to repair homes or remove health/safety hazards.

View details →

$300–$800/year utility help

LIHEAP Energy Assistance

Helps low-income households pay heating and cooling costs. Administered locally through Community Action Ag…

View details →

Up to $10,000 grant / 1% interest mortgage

USDA Rural Housing Direct Loan & Grant

Provides very-low-income rural residents with home repair grants and 1% interest home loans. The Section 50…

View details →