Low-IncomeHomeBuying

Home Buying Assistance For Those With Disabilities

Fannie Mae's popular Community HomeChoice Program provides help to low and moderate income people with disabilities and also to the able-bodied people who care for them. Eligible borrowers don't have to meet the more rigorous down-payment and earnings standards imposed on most traditional buyers, which makes getting a mortgage much easier.

Fannie Mae offers its various programs through a network of thousands of lenders across

the nation. Call Fannie Mae at 800-732-6643 or visit its Website at www.fanniemae.com

The U.S. Department of Housing and Urban Development also operates a handful of programs that can help disabled people buy or refinance a house. You can get details about programs by contacting your regional HUD offices listed under the "Federal Government" heading of the white pages of the local phone book OR by visiting www.hud.gov/groups/disabilities.cfm

Wayne Metro Community Action Agency

26650 Eureka

Taylor MI 48180

Phone: 734-955-6752

M-F 8:30-5 p.m.

Woodhaven, Flat Rock, Rockwood, Brownstown, Taylor, Gibraltar, Riverview, Trenton, Grosse Ile

19101 Inkster Rd.

Brownstown MI 48174

Phone: 734-782-6331

M-F 8:30 a.m. to 5 p.m.

(Romulus, Huron, New Boston, Westland, Wayne, Canton, Belleville, Sumpter, Van Buren)

2121 Biddle Ave.

Wyandotte MI 48192

Phone: 313-843-2550

Melvindale, Allen Park, Lincoln Park, River Rouge, Ecorse, Wyandotte and Southgate

Email: info@waynemetro.org

Website: www.wayne/metro.org

Housing, low-cost home buying assistance, homeless prevention program.

MONROE COUNTY

Monroe County Opportunity Program MCOP

1140 S. Telegraph Road

Monroe MI 48161

Phone: 734-241-2775 ext. 202

Website: www.monroecountyopp.org

Permanent Supportive Housing

Links to Homeownership

Homeownership Counseling

Family Self-Suffciency Program

Federal Emergency Management Assistance (FEMA)

Continuum of Care Participant

HABITAT FOR HUMANITY OF MONROE COUNTY

840 LaPlaissance Road

Monroe MI 48161

Phone: 734-243-2048

Email: hfhmonroe@juno.com

Website: www.habitatmonroemi.org

Non-profit housing organization that builds simple, decent, affordable homes in partnership with those in need of adequate shelter. Homes are purchased by the families with 0% interest. You must have lived in Monroe County for the past 12 months.

The Homeownership Crusade

Wayne County Jobs and Economical Development Housing Division

600 Randolph

Detroit MI 48226

Phone: 313-224-5011

First-time home buyer program

"Taylor Cares Program"

Amera Mortgage

Phone: 734-530-2007 OR 313-613-0223

Website: www.cityoftaylor.com

The City of Taylor is currently offering completly renovated, previously foreclosed homes

for purchase to First Time Homebuyers at below-market sales prices. This MSHDA first-time homebuyer program will give qualified buyers a competitive rate on a first mortgage loan and a second mortgage loan up to $7500, which has no payments and no interest to assist buyers with costs to purchase. Minimum investment by the purchaser of the home is 1% of the sales price.

In most cases, the morgage payments are comparable to what current rents are. Income guidelines are based on 80% of Wayne County's median household income.

AND

Neighborhood Stabilization Program

Phone: 734-374-1366

Website: www.cityoftaylor.com

The City of Taylor was allocated $2,495,056 in federal funds to purchase, rehabilitate and sell single family dwellings at cost. Income guidelines are based on 120% of Wayne County household income.

The Community Tax and Resource Center

7000 W. Fort

Southwest Detroit, MI

Phone: 313-554-2884

Offers free income tax preparation for low-income households, as well as information on opening a credit union account, home ownership programs and getting assistance paying utility bills. Call for information and information.

A number of communities, often in older suburbs or cities, have down-payment assistance to first-time buyers. The terms vary but often there's a forgivable loan for the amount of the down payment, but the buyer must meet certain conditions. Warren, Pontiac, Westland, etc. all have programs as well as Wayne County. Call the development department in your community to see if it has such a program.

INDIAN HOUSING

In 1992, Congress established the Section 184 Indian Housing Loan Guarantee Program. The program is designed to offer homeownership and housing rehabilitation opportunities for eligible Native American individuals or families, tribes and Tribally Designated Entities (including Indian Housing Authorities) on their native lands. To learn more about the Section 184 program visit www.hud.gov

GOOD NEIGHBOR NEXT DOOR

The Good Neighbor Next Door initiatives are a collection of FHA programs where police officers, firefighters, emergency medical technicians and teachers can purchase HUD homes at up to a 50% discount.The programs are:

Officer Next Door

Firefighter & Emergency Medical Tech Next Door

Teacher Next Door

Additional discounted sales programs allow local governments and qualified nonprofit organizations to purchase homes at a discount. These are referred to as "dollar homes" and "sales to nonprofit's".

For more information, visit the www.hud.gov website.

AmeriDream Solutions

A non-profit group that runs a no down-payment program for buyers.

Phone: 866-716-3633

Weekdays from 8:30 a.m. to 5:30 p.m.

Website: www.ameridream.org

Nehemiah Corp.

Phone: 877-634-3642

Weekdays from 9 a.m. to 8 p.m.

Website: www.nehemiahcorp.org

Neighborhood Gold

Phone: 888-627-3023

Weekdays from 9 a.m. to 8 p.m.

Website: www.neighborhoodgold.com

LENAWEE COUNTY

Home Links Program

400 W. South Street

Adrian MI 49221

Phone: 517-263-7861

Pre-and-post purchase counseling, assists with credit report issues, downpayment & closing costs assistance, pre-purchase home inspection, foreclosure prevention, home repair, low-income families.

MACOMB COUNTY

AmeriDream Downpayment Initiative

Phone: 586-469-7378

Email: mccsa@macombcountymi.org

Website: www.macombcountymi.org

OAKLAND COUNTY

Lighthouse Community Development

A subsidiary of Pontiac-based Lighthouse of Oakland County

Phone: 248-920-6200

Plans to buy six Ferndale houses that are in foreclosure, fix them up and re-sell them to first-time buyers. The project will help rehabilitate neighborhoods and provide housing to lower-income buyers. Lighthouse has offered a similar program in Pontiac for about 15 years.

Community Housing Network

570 Kirts Blvd. Suite #231

Southfield MI 48084

Phone: 248-928-0111 OR 866-282-3119

Help with home ownership, various qualifications but one member of household MUST be disabled.

WASHTENAW COUNTY

Links to Home Ownership Program of Washtenaw County

Pre-purchase homebuyer education

Home maintenance training

Credit Counseling

Financial management education

Up to $10,000 down payment assistance

Up to $5,000 credit repair assistance

Up to $750 general contractor inspection assistance

Qualifying families must have a minor child under 18 and meet income guidelines.

Washtenaw County MSU Extension

705 N. Zeeb Road

PO Box 8645

Ann Arbor MI 48107-8645

Phone: 734-997-1678

ALSO

Washtenaw County Community Housing Alternatives

Phone: 734-434-6559