Habitat Michigan is looking forward to partnering with you and others this year to do our part in helping to rebuild Michigan while staying on mission to eradicate homelessness and poverty housing.
Click the link below to download the 2011-2012 Required DPA Packet.
There is a new policy and process in place, effective 2/1/2012. To learn about the changes, please view the presentation used for the training webinar on January 24 & 25, 2012.
A webinar recording is also available by visiting:
https://www.fuzemeeting.com/replay_meeting/d9421105/2262417
This webinar recording link will expire on: Mon, 13 Jan 2014.
Affiliates should plan to submit a completed MSHDA Down Payment Assistance Packet at the time they apply for mortgage origination with their licensed lender – approximately 30-45 days before the target closing date.
Please be aware that the documents used to secure the federal grant funds have changed and a 2nd lien is now required to be used on the same day that the first mortgage is originated. The 2nd lien documents are populated by MSHDA and will be forwarded to the title company once a closing date has been set and a final unsigned HUD-1 / Settlement Statement has been reviewed by.