PPNA Happenings

Happenings, history and news of the Prospect Park Neighborhood and Ypsilanti

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Incentives to Buying a Home in Ypsilanti

Posted by ppna on June 17, 2009

UPDATE: Here is the PDF of the New Flier

Are you looking to buy a house?

Consider buying a home in Ypsi? There’s lots of help available!
• Up to $15,000 in down payment assistance
• Up to $22,000 in grants for rehabilitating foreclosed homes
• Help with credit repair

Keep in mine these requirements:
• These incentives are available for owner-occupied homes only
• Applicants must meet income requirements which vary based on household size
• Purchase price cannot exceed $160,000
• Other restrictions and guidelines may apply

Where to Start? Free homebuyer education classes!

The free homebuyer education and pre-purchase counseling will provide all the information you need to purchase a home, and make it work for you. Attending the homebuyer educational session (6 hours in either two sessions or a single session) as well as the pre-purchase counseling will help you unlock some of the downtown payment and/or rehabilitation funds available. These funds can include the Neighborhood Stabilization Program (NSP), Community Development Block Grandt (CDBG) and HOME funds. So sign up for a session today!

Call 734-997-1678 or go online to read the registration packets at:
http://www.ewashtenaw.org/government/departments/extension/CommDevelopment/WHEP%20Pre-purchase

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