Detroit opens second round of down payment program

• Now the city is using another $5 million in ARPA funds, plus $2 million in funding from banks, to extend the program to 300 more households.

Between the lines: The down payment assistance, up to $25,000, is meant to help low- to moderate-income renters transition to ownership in a city with wide swaths of single-family housing stock. Household income limits are $45,180 for one person and $61,320 for two people.

• Applicants must have lived in the city for a year or lost a home due to tax foreclosure in 2010-16 — a period when some residents were overassessed.

Go deeper: Learn more about the program