Michigan · Deferred loan

MSHDA First-Generation DPA

$25,000

$25,000 for first-generation homebuyers (parents never owned). Deferred loan, pilot program.

MSHDA's First-Generation DPA provides enhanced assistance for buyers whose parents don't currently own a home. Michigan's manufacturing economy historically created homeowning middle-class families, but economic shifts have disrupted that pattern. This program helps the next generation rebuild.

Amount$25,000

TypeDeferred loan

Available inMichigan

First-time buyer requiredYes

Minimum credit score640

Multi-unit eligibleYes — 1-4 units

Funding statusPilot program — $8M state budget, apply while funding lasts.

House-hack eligible

$25K is one of the largest state DPA amounts. First-gen = your parents never owned a home.

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