What does Jackson Affordable Housing Corporation do?
We provide down payment assistance to low - moderate income homebuyers.
We also renovate homes and will build 2 - 3 new homes per. year to sell to low - moderate income homebuyers.
We offer a variety of counseling services - foreclosure prevention within Jackson City limits and credit counseling.
Do I have to buy one of your homes?
No, you may purchase a home of your own choosing.
How do I know if I am eligible?
Our basic requirement is based on income. You may call the office (517) 788-4626,
stop by to pick up an info packet, or ask to have one mailed to you.
The income is based on the size of your family and changes slightly each spring.
Will Jackson Affordable Housing Corporation give me a mortgage?
No, you must be eligible for a mortgage from a financial institution. This means you must have a steady source of income and OK credit.
Do I have to buy a house in a certain area?
The home you purchase must be within Jackson County. We do have different assistance programs for inside and outside the Jackson City limits. You may talk with the Housing Program Coordinator to determine which program will work for you.
What if I'm not working right now?
You must be eligible for a mortgage to purchase a home; this will mean steady income. You can, however, get started in our program at any time, and we will assist you through the eligibility process.
What kind of training/counseling do you offer?
All homebuyers are required to attend the MSU (Michigan State University) Extension Workshop offered every other month. This is a six hour class (two sessions of three hours each) offered at the Extension office on Lansing Avenue.
Financial Awareness sessions are scheduled twice per year through JAHC. This eight- week series of classes offers information on budgeting, goal setting, and credit. Contact our office for dates and locations.
We offer foreclosure prevention counseling to eligible families within the Jackson City limits. The homeowner must have received their foreclosure notice and have recovered from the crisis that caused the potential foreclosure.
