Local Home Buying Programs

Here are some programs for buying homes, unique to the Detroit area:

City of Detroit Home Improvement Loans

The City of Detroit offers 0% interest home improvement loans for Detroit homeowners. Visit their site for details.


Detroit Home Mortgage Program

The Detroit Home Mortgage Program lends qualified homebuyers the full amount needed to purchase a renovated home, or to buy and rehabilitate homes anywhere in the city of Detroit.


Detroit Land Bank Authority

The Detroit Land Bank offers a host of programs for current and future homebuyers including property auctions (some with specially available financing), side lot sales, and nuisance abatement assistance.


Visit the financing page for more information on available financing programs.


Detroit Neighborhood Initiative

The Detroit Neighborhood Initiative is a cooperative effort of NACA, Bank of America, and the Opportunity Resource Fund. Detroit buyers will have access to loans worth up to 110 percent of the home’s loan- to-value ratio (150 percent for homes bough through the Detroit Land Bank). Stay tuned for more details on this new program!



Detroit! HomeLIFT is a national program from Wells Fargo and NeighborWorks® America that provides eligible homebuyers with $15,000 to use toward down payment and closing costs on qualified homes


Liberty Bank and Trust Home Restoration Program

The Liberty Bank Home Restoration Program (HRP) is a nontraditional mortgage that will allow a homebuyer to finance necessary home repairs, and upon their completion, transition to a permanent mortgage. This loan is available for Detroit Land Bank properties, and non-auction properties in targeted areas.


Michigan Lending Solutions

This statewide home-financing organization offers home loans, homeownership counseling, and more


MSHDA Downpayment Assistance

The Michigan State Housing and Development Authority offers homebuying assistance throughout Michigan.


Opportunity Resource Fund

The Opportunity Resource Funds provides financing for low and moderate income homebuyers who have been denied traditional mortgages


Rehabbed and Ready

Rehabbed and Ready offers Detroit Land Bank homes that are completely rehabbed, up to code and ready to be occupied.


Wayne County Auction 

Wayne County holds an annual auction of tax-foreclosed properties. Visit the site for details, registration, and available homes.