56 °f
Detroit
EL CENTRAL Hispanic News
  • Home
  • About
    • Introducing the partnership with the Race and Justice reporting Initiative
    • Resources
  • Español
    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    Trump’s downfall: Fascist capitalism will do him in

    Trump’s downfall: Fascist capitalism will do him in

    Mayan Kaqchikel

    Mayan Kaqchikel

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Why Trump will fail

    Why Trump will fail

    Pueblo Yumano

    Pueblo Yumano

    A Forever Home for Detroit City FC

    A Forever Home for Detroit City FC

    Centros de ayuda parroquiales enfrentan mayores costos por recortes federales a bancos de alimentos

    Centros de ayuda parroquiales enfrentan mayores costos por recortes federales a bancos de alimentos

  • Community
    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

    Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

    UNI Launches Youth Development Practitioner Apprenticeship

    UNI Launches Youth Development Practitioner Apprenticeship

    Ballot drive to end utility political contributions clears state canvassers

    Ballot drive to end utility political contributions clears state canvassers

    Detroit’s EasyPay Payment Plan Enrolls More than 30,000 residents protected from service interruption

    Detroit’s EasyPay Payment Plan Enrolls More than 30,000 residents protected from service interruption

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Movies Under the Stars Season Concludes Friday in Detroit at Historic Fort Wayne

    Movies Under the Stars Season Concludes Friday in Detroit at Historic Fort Wayne

    LIBRE–Michigan Hosted A Back-to-School Giveaway to Empower Latino Families

    LIBRE–Michigan Hosted A Back-to-School Giveaway to Empower Latino Families

  • Featured
    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    A Forever Home for Detroit City FC

    A Forever Home for Detroit City FC

    CHASS Center Honored with Spirit of Detroit Award in Honor of 55 Years of Community Health, Dignity, and Hope

    CHASS Center Honored with Spirit of Detroit Award in Honor of 55 Years of Community Health, Dignity, and Hope

    Gutierrez and cousin Jacob Lozano

    Donut Villa Expands to Second Location Near Ford Rouge Plant

    Candidates Face the People: Southwest Detroit Hosts Powerful Mayoral Forum on Community Priorities

    Candidates Face the People: Southwest Detroit Hosts Powerful Mayoral Forum on Community Priorities

    Fr. David Buersmeyer y Mrs. Judith Brooks de Strangers No Longer / hablan a los participantes de la procesión frente a la oficina de campo de ICE en Detroit / address procession participants in front of the field office of ICE in Detroit. Foto de/Photo by Valaurian Waller | Detroit Catholic

    Detroit Catholics Walk in Solidarity with Immigrants, Demand Humane Treatment

    Linzie and Jesse Venegas of Ideal Group Recognized as Entrepreneurs Of The Year 2025

    Linzie and Jesse Venegas of Ideal Group Recognized as Entrepreneurs Of The Year 2025

  • Opinion
  • Culture & Arts
    • All
    • World Cultures
    Festivalgoers enjoying the photobooth.

    SWFest: Celebrating Five Years of Creativity and Community

    Mayan Kaqchikel

    Mayan Kaqchikel

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Pages Bookshop to Host Book Launch and Community Roundtable

    Pages Bookshop to Host Book Launch and Community Roundtable

    Pueblo Yumano

    Pueblo Yumano

    Learning about Art from a Master

    Learning about Art from a Master

    Huastecos Téenek

    Huastecos Téenek

    2025 Kresge Fellows from left-right: Elise Marie Martin, Taurus Burns, Louis Aguilar, Maya Davis, Kimberly LaVonne, Slumdog Visionaire, Marwa Helal, Donald Calloway, Brittany Rogers, Beenish Ahmed, Ivan Montoya, April Anue Shipp, Allana Clarke, Malak Cherri, Anetria Cole. Photo credit: JennyRisher

    Latino Creatives Shine as 2025 Kresge Fellows, Honoring Heritage and Artistic Power

    Tzotziles / BatsiI Winik’Otik

    Tzotziles / BatsiI Winik’Otik

    • World Cultures
  • Latest Issue
  • Past Issues
    • Throwbacks
  • Events
  • Contact
  • Advertise
  • en English
    • en English
    • es Spanish
No Result
View All Result
EL CENTRAL Hispanic News
  • Home
  • About
    • Introducing the partnership with the Race and Justice reporting Initiative
    • Resources
  • Español
    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    Trump’s downfall: Fascist capitalism will do him in

    Trump’s downfall: Fascist capitalism will do him in

    Mayan Kaqchikel

    Mayan Kaqchikel

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Why Trump will fail

    Why Trump will fail

    Pueblo Yumano

    Pueblo Yumano

    A Forever Home for Detroit City FC

    A Forever Home for Detroit City FC

    Centros de ayuda parroquiales enfrentan mayores costos por recortes federales a bancos de alimentos

    Centros de ayuda parroquiales enfrentan mayores costos por recortes federales a bancos de alimentos

  • Community
    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

    Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

    UNI Launches Youth Development Practitioner Apprenticeship

    UNI Launches Youth Development Practitioner Apprenticeship

    Ballot drive to end utility political contributions clears state canvassers

    Ballot drive to end utility political contributions clears state canvassers

    Detroit’s EasyPay Payment Plan Enrolls More than 30,000 residents protected from service interruption

    Detroit’s EasyPay Payment Plan Enrolls More than 30,000 residents protected from service interruption

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Movies Under the Stars Season Concludes Friday in Detroit at Historic Fort Wayne

    Movies Under the Stars Season Concludes Friday in Detroit at Historic Fort Wayne

    LIBRE–Michigan Hosted A Back-to-School Giveaway to Empower Latino Families

    LIBRE–Michigan Hosted A Back-to-School Giveaway to Empower Latino Families

  • Featured
    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    A Forever Home for Detroit City FC

    A Forever Home for Detroit City FC

    CHASS Center Honored with Spirit of Detroit Award in Honor of 55 Years of Community Health, Dignity, and Hope

    CHASS Center Honored with Spirit of Detroit Award in Honor of 55 Years of Community Health, Dignity, and Hope

    Gutierrez and cousin Jacob Lozano

    Donut Villa Expands to Second Location Near Ford Rouge Plant

    Candidates Face the People: Southwest Detroit Hosts Powerful Mayoral Forum on Community Priorities

    Candidates Face the People: Southwest Detroit Hosts Powerful Mayoral Forum on Community Priorities

    Fr. David Buersmeyer y Mrs. Judith Brooks de Strangers No Longer / hablan a los participantes de la procesión frente a la oficina de campo de ICE en Detroit / address procession participants in front of the field office of ICE in Detroit. Foto de/Photo by Valaurian Waller | Detroit Catholic

    Detroit Catholics Walk in Solidarity with Immigrants, Demand Humane Treatment

    Linzie and Jesse Venegas of Ideal Group Recognized as Entrepreneurs Of The Year 2025

    Linzie and Jesse Venegas of Ideal Group Recognized as Entrepreneurs Of The Year 2025

  • Opinion
  • Culture & Arts
    • All
    • World Cultures
    Festivalgoers enjoying the photobooth.

    SWFest: Celebrating Five Years of Creativity and Community

    Mayan Kaqchikel

    Mayan Kaqchikel

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Pages Bookshop to Host Book Launch and Community Roundtable

    Pages Bookshop to Host Book Launch and Community Roundtable

    Pueblo Yumano

    Pueblo Yumano

    Learning about Art from a Master

    Learning about Art from a Master

    Huastecos Téenek

    Huastecos Téenek

    2025 Kresge Fellows from left-right: Elise Marie Martin, Taurus Burns, Louis Aguilar, Maya Davis, Kimberly LaVonne, Slumdog Visionaire, Marwa Helal, Donald Calloway, Brittany Rogers, Beenish Ahmed, Ivan Montoya, April Anue Shipp, Allana Clarke, Malak Cherri, Anetria Cole. Photo credit: JennyRisher

    Latino Creatives Shine as 2025 Kresge Fellows, Honoring Heritage and Artistic Power

    Tzotziles / BatsiI Winik’Otik

    Tzotziles / BatsiI Winik’Otik

    • World Cultures
  • Latest Issue
  • Past Issues
    • Throwbacks
  • Events
  • Contact
  • Advertise
  • en English
    • en English
    • es Spanish
No Result
View All Result
EL CENTRAL Hispanic News
No Result
View All Result

Downpayment Assistance Program to Help Detroiters Become Homeowners

13 lenders ready to participate

EL CENTRAL by EL CENTRAL
April 6, 2023
in Community
Reading Time: 4 mins read
Home Community
ShareShareTweetEmail to a friend

Mayor Mike Duggan, City Council members and the Detroit Housing & Revitalization Department announced a landmark program on Thursday, March 30th that will provide Detroiters who do not currently own a home with up to $25,000 in downpayment assistance to help them realize the American Dream of homeownership.

The program is available to lower-income earners who may be able to afford a monthly mortgage payment buy don’t have savings enough for a downpayment. For a single person to qualify, for example, they would have to earn less than $41,000 per year.

The program is part of a $203 million Affordable Housing Plan that Mayor Duggan and Councilmembers Latisha Johnson, Mary Waters, Angela Whitfield Calloway and Gabriela Santiago-Romero unveiled last July. Downpayment assistance was among Johnson’s contributions to the housing plan, with the issue being a major priority for the councilwoman, who spent 15 years in the community fighting for increased access to home ownership for Detroiters.

Funded by $6 million in American Rescue Plan Act (ARPA) funding, the Detroit Downpayment Assistance Program provides qualifying Detroit households grants of up to $25,000 for a downpayment. Funding also can be used for other home purchase-related expenses, including prepaids (such as escrow deposits for property taxes), interest rate buy-downs, closing costs and reduction in principal. The program is expected to help between 240 and 400 lower-income and middle-class homebuyers in the next two years, depending on the amount each family needs in downpayment assistance.

“It is vitally important that as property values continue to climb, people of varying incomes are able to buy a home,” Councilmember Johnson said. “Owning a home provides stability for them and their family. Having to move because your landlord has increased your rent means not only having to find a new place to live, but also uprooting your child from their school, leaving friends and relationships you have developed, and possibly leaving the community you love and call home. This program is about helping more Detroiters to remove that instability so that they can feel secure in their future.”

Boosting Detroit homeownership

This new effort to boost homeownership in Detroit comes six months after Detroit’s return to its status of being a majority homeowner city for the first time in decades. Mayor Duggan said the Downpayment Assistance Plan can build on that progress.

“There are a lot of Detroiters who are paying more in rent each month than the cost of a mortgage payment but need some help with upfront costs associated with purchasing a home,” Mayor Duggan said. “Thanks to President Biden and the American Rescue Plan Act, we can help hundreds more Detroiters own their own homes, create generational wealth and protect themselves from the increasing rents we are seeing as our city rebuilds. We are already seeing more people benefitting from the opportunity to become homeowners in Detroit, and this is a chance for more Detroiters to join them.”

Easy as 1-2-3

The mayor and councilmembers laid out three steps for Detroiters to follow to take advantage of the program.

  • Find a lender from among the 13 partner organizations in the program. The participating lenders are Bank of America, Chase, CIBC, Citizens, Fifth Third Bank, First Independence Bank, First Merchants Bank, Flagstar Bank, Huntington Bank, Independent Bank, Liberty Bank, PNC Bank and Rocket Mortgage.
  • Find a house you want to buy.
  • Apply to the program at www.detroitdpa.org.

Eligibility and application process

To be eligible to apply for the program, Detroit residents must not have held an interest in property in the last three years. The total household income for applicants cannot exceed the following income limits per household size:

1 Person/ $43,740, 2 Person/ $59,160, 3 Person/ $74,580, 4 Person/ $90,000, 5 Person/ $105,420, 6 Person/ $120,840, 7 Person/ $136,260, 8 Person/ $151,680
Applicants must prove they have lived in the city of Detroit for the last 12 months, or that they lost a home in the city due to property tax foreclosure between 2010 and 2016. From 2010 to 2014, the City’s residential property assessment process was broken, resulting in many homeowners being overtaxed. Upon taking office in January 2014, Mayor Duggan immediately cut residential assessments by 22% his first month in office and continued to reduce assessed values over the next two years to reflect the market at the time. Full program details and eligibility requirements are available at www.detroitdpa.org.

All individuals receiving a grant must use the home as their principal residence for three years after the grant award or pay back the loan on a pro-rated basis, based on how long they lived in the home after the grant award. The grants apply when the applicant is buying a home using a purchase mortgage or a purchase renovation mortgage.

To learn more about program details and eligibility requirements, and to apply, go to www.detroitdpa.org or call (313) 244-0274. The National Faith Home Buyers team can assist residents with detailed questions, and assistance with completing the DPA application.

Previous Post

¡Vamos, Detroit! Los Tigres Anuncian Expansión de la Cobertura Radial en Español

Next Post

Youth Golf Clinic is Coming to Clark Park

EL CENTRAL

EL CENTRAL

Related Posts

¡¡Mi Grito, Tu Grito. Our Collective Voice Matters!!
Community

¡¡Mi Grito, Tu Grito. Our Collective Voice Matters!!

by EL CENTRAL
September 11, 2025
0

Discover the history of El Grito de Mi Raza, Detroit’s groundbreaking bilingual radio program that amplified Latino voices and culture...

Read moreDetails
Can you be arrested for looking Hispanic?
Community

Can you be arrested for looking Hispanic?

by EL CENTRAL
September 11, 2025
0

The Supreme Court’s shadow docket ruling expands ICE discretion, fueling racial profiling fears. Learn how this impacts Latino communities and...

Read moreDetails
Statewide Effort Strengthens Mental Health Support for Construction Workers During Suicide Prevention Week 
Community

Statewide Effort Strengthens Mental Health Support for Construction Workers During Suicide Prevention Week 

by EL CENTRAL
September 11, 2025
0

Michigan’s MIOSHA leads Construction Suicide Prevention Week 2025, tackling mental health in construction with resources, awareness, and industry partnerships.

Read moreDetails
City Council Historic Designation Advisory Board to nominate Bagley-West Vernor Historic District
Community

City Council Historic Designation Advisory Board to nominate Bagley-West Vernor Historic District

by Michael Gutierrez
September 4, 2025
0

Detroit’s Bagley-West Vernor may join the National Register of Historic Places, unlocking tax credits, grants, and recognition for Latino heritage.

Read moreDetails
Community Representatives Selected for DCFC Stadium Community Benefits Process
Community

Community Representatives Selected for DCFC Stadium Community Benefits Process

by EL CENTRAL
September 4, 2025
0

Detroit’s $150M soccer stadium sparks debate. Learn how community leaders and residents are shaping the project’s future in Corktown &...

Read moreDetails
Remembering Ken Jones
Community

Remembering Ken Jones

by EL CENTRAL
September 5, 2025
0

Celebrate the life of Kenneth Ray “Red Rock” Jone

Read moreDetails
Next Post
Youth Golf Clinic is Coming to Clark Park

Youth Golf Clinic is Coming to Clark Park

Leave Comment
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Volunteers Needed for Refugee Resettlement in Michigan

Volunteers Needed for Refugee Resettlement in Michigan

February 14, 2024
Southwest Celebrates Cinco de Mayo

Why We Celebrate “CINCO DE MAYO, THE 5TH OF MAY”

May 2, 2024
MSHDA Opens $60 Million MI Neighborhood Applications

MSHDA Opens $60 Million MI Neighborhood Applications

April 4, 2024
Infamous Highwaymen Motorcycle Club Leader Pursues a Second Chance at Life

Infamous Highwaymen Motorcycle Club Leader Pursues a Second Chance at Life

February 1, 2024
Community and RuboFest 2022 

Community and RuboFest 2022 

0
“Vemos a México como un socio igualitario”

“Vemos a México como un socio igualitario”

0
Ford Hispanic and Latino Network Beautifies Clark Park

Ford Hispanic and Latino Network Beautifies Clark Park

0
Editorial Opinion “The Fifth, I take the Fifth”

Editorial Opinion “The Fifth, I take the Fifth”

0
DCFC Community Benefits Process Kicks Off in Mexicantown

DCFC Community Benefits Process Kicks Off in Mexicantown

August 28, 2025
Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

August 28, 2025
Festivalgoers enjoying the photobooth.

SWFest: Celebrating Five Years of Creativity and Community

August 28, 2025
UNI Launches Youth Development Practitioner Apprenticeship

UNI Launches Youth Development Practitioner Apprenticeship

August 28, 2025

Recent News

DCFC Community Benefits Process Kicks Off in Mexicantown

DCFC Community Benefits Process Kicks Off in Mexicantown

August 28, 2025
Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

August 28, 2025
Festivalgoers enjoying the photobooth.

SWFest: Celebrating Five Years of Creativity and Community

August 28, 2025
UNI Launches Youth Development Practitioner Apprenticeship

UNI Launches Youth Development Practitioner Apprenticeship

August 28, 2025
EL CENTRAL Hispanic News

Michigans #1. Oldest. Largest & Only
Bilingual Hispanic News for 33 Years.

Follow Us

Browse by Category

  • Business
  • Classifieds
  • Community
  • Culture & Arts
  • Education
  • Entrepreneurs
  • Español
  • Events
  • Featured
  • Finance
  • Food
  • Latest News
  • Local News
  • Local Small Business
  • Music
  • National News
  • Opinion
  • Others
  • People
  • Politics
  • Resources
  • Restaurants
  • Sports
  • Throwbacks
  • World
  • World Cultures

Recent News

DCFC Community Benefits Process Kicks Off in Mexicantown

DCFC Community Benefits Process Kicks Off in Mexicantown

August 28, 2025
Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

August 28, 2025
  • Latest Issue
  • About
  • Newsletter
  • Advertise
  • Contact
  • Menu Item
  • Created with EyeBreatheDesign

© 2022 EL CENTRAL HISPANIC NEWS

No Result
View All Result
  • Home
  • Catagories
    • Featured
    • Local News
    • Community
    • Culture & Arts
    • Español
    • Music
    • Sports
  • Events
  • Latest Issue
  • Past Issues
  • Contact
  • Advertise

© 2022 EL CENTRAL HISPANIC NEWS