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American Dream Down Payment Assistance

American Dream Down Payment Initiative (ADDI)

ADDI offers down payment assistance to potential homeowners with low-income who meet the following criteria:
  • Must be a first-time home buyer
  • Must be 18 years or older
  • Home buyer must occupy the property as a primary residence
  • Home buyer is required to make a one percent cash contribution from His/her own funds
  • Home buyer must complete an approved home buyer counseling course

Contact person: Willie B. Moore, Manager I (313) 224-3461

City of Detroit participating lender contact information:
  • Detroit Commerce Bank – (313) 967-5156
  • Flagstar Bank – (866) 372-3597 Ext. 230
  • Fifth Third Bank – (800) 792-8830
  • Barclay Mortgage Financial Services, LLC – (248) 967-1400
  • Bank of America (313) 234-8665
  • National City Bank – (313) 596-8015
  • Towne Mortgage Company – (248) 358-5550 Ext. 229
  • Charter One Bank – (313) 538-5000
  • ShoreBank – (313) 642-5200