New Hope Community Development Non Profit Housing Corporation

New Hope offers a variety of programs to assist residents within our service area and throughout the city of Detroit. 

First Time Home Buyer Workshops

Neighborhood Improvement

Home Repair Program


Neighborhood Improvement /Accessibility Modification Program Application

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Zero Interest Home Repair Loan Application

The 0% Interest Home Repair Loan Program launched in April 2015 offers 10-year, interest-free loans from $5,000 to $25,000 to help Detroit homeowners invest in and repair their homes – promoting public health and safety, increasing property values and helping residents secure and maintain homeowner’s insurance.

www.DetroitHomeLoans.org


Homebuyers Education

Understanding that homeownership is not a goal for everyone, having the knowledge and ability to buy creates financial strength. This class is required by most lenders and financial institutions that are assisting future homeowners with down payment assistance programs and opportunities. Anyone seeking more knowledge about the homeownership process is encouraged to take this class. 


Property Tax Assistance

With up to $25,000, MIHAF - the Michigan Homeowner Assistance Fund - is for homeowners with financial hardships due to the COVID-19 pandemic. It can help pay delinquent: 

  • Property taxes

Pre-purchase Home Inspection

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Foreclosure Prevention

With up to $25,000, MIHAF - the Michigan Homeowner Assistance Fund - is for homeowners with financial hardships due to the COVID-19 pandemic.  It can help pay delinquent:

  • mortgage/housing expenses and escrow shortages
  • land contracts, mobile home consumer loans, park lot fees
  • property taxes
  • condominium/homeowner's association fees
  • homeowner's property insurances, hazard, flood, or mortgage insurance
  • utilities, gas, electric, water, sewer
  • internet broadband services

What our residents are saying!

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Homeowner 

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Homeownership Financial Assistance

Restrictions and Qualifications apply

Downpayment Assistance

up to 

$7,500


toward your mortgage

Downpayment Assistance Recoverable Loan


Select

Foreclosure Prevention

up to

$ 30,000


toward past due Mortgage or Property Taxes

from MIHAF


Select

Minor Home Repair

up to 

$7500


toward Minor Home Repairs

from Federal Home Loan Bank


Select

© 2022 New Hope Community Development

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