Trish McClelland: Realtor, Blue Heron Realty - Michigan

Trish McClelland: Realtor, Blue Heron Realty - Michigan Serving Wayne, Oakland, and Livingston Counties

Good morning ☀️
04/28/2024

Good morning ☀️

08/26/2023
04/05/2023

A new program will provide Detroiters who do not currently own a home with up to $25,000 in downpayment assistance.

The program is available to lower-income earners who may be able to afford a monthly mortgage payment buy don’t have savings enough for a downpayment.

Funded by $6 million in American Rescue Plan Act (ARPA) funding, the Detroit Downpayment Assistance Program provides qualifying Detroit households grants of up to $25,000 for a downpayment. Funding also can be used for other home purchase-related expenses, including prepaids (such as escrow deposits for property taxes), interest rate buy-downs, closing costs and reduction in principal.

“It is vitally important that as property values continue to climb, people of varying incomes are able to buy a home,” Councilmember Johnson said. “Owning a home provides stability for them and their family. Having to move because your landlord has increased your rent means not only having to find a new place to live, but also uprooting your child from their school, leaving friends and relationships you have developed, and possibly leaving the community you love and call home. This program is about helping more Detroiters to remove that instability so that they can feel secure in their future.”

This new effort to boost homeownership in Detroit comes six months after Detroit’s return to its status of being a majority homeowner city for the first time in decades.

These are the three steps for Detroiters to follow to take advantage of the program.

Find a lender from among the 13 partner organizations in the program. The participating lenders are Bank of America, Chase, CIBC, Citizens, Fifth Third Bank, First Independence Bank, First Merchants Bank, Flagstar Bank, Huntington Bank, Independent Bank, Liberty Bank, PNC Bank and Rocket Mortgage.

Find a house you want to buy.

Apply to the program at www.detroitdpa.org.

The Downpayment Assistance Program is geared primarily toward renters, but also is available to those who lost their home to foreclosure in 2010-16 and are attempting to purchase a new one.

Seems pretty functional. As long as they don’t open as a person’s walking down 🤔
03/23/2023

Seems pretty functional. As long as they don’t open as a person’s walking down 🤔

03/22/2023
03/21/2023

First Under Contract with Blue Heron Realty! Congrats Trish! 🥳🏡👏



Trish McClelland
Blue Heron Realty
📍2823 East Highland Rd.
Highland, MI 48356
📱517.294.0786
📧 [email protected]

When you’re  passionate about who you are and what you do - going above and beyond comes easy.
03/05/2023

When you’re  passionate about who you are and what you do - going above and beyond comes easy.

Address

PO BOX 408
Howell, MI
48844

Telephone

+15172940786

Website

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