Michigan offering new $25,000 in down payment help to first-generation homebuyers
Aspiring homeowners in Michigan now have a new opportunity to break into the housing market. The Michigan State Housing Development Authority (MSHDA) has launched the First-Generation Down Payment Assistance program, a pilot initiative offering $25,000 in down payment assistance to eligible first-generation homebuyers. The program aims to help buyers cover upfront costs, including down payments,