New Hope Community Development Non Profit Housing Corporation
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
Neighborhood Improvement /Accessibility Modification Program Application
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Zero Interest Home Repair Loan Application
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.
Homebuyers Education
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
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
Pre-purchase Home Inspection
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Foreclosure Prevention
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!
What our residents are saying!
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Homeowner
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Homeownership Financial Assistance
Homeownership Financial Assistance
Restrictions and Qualifications apply
Restrictions and Qualifications apply
Downpayment Assistance
Downpayment Assistance
up to
$7,500
up to
$7,500
toward your mortgage
Downpayment Assistance Recoverable Loan
Foreclosure Prevention
Foreclosure Prevention
up to
$ 30,000
up to
$ 30,000
toward past due Mortgage or Property Taxes
from MIHAF
Minor Home Repair
Minor Home Repair
up to
$7500
up to
$7500
toward Minor Home Repairs
from Federal Home Loan Bank