The City of Lapeer received a Michigan State Housing Development Authority (MSHDA) HOME grant on January 1st, 2016 to rehabilitate at least (4) four Homeowner Rehabilitations (HO) within the City of Lapeer Homeowner Rehabilitation Program grant territory. 

Homeowner Rehabilitation (HO)

Households must have incomes at or below 80% of Lapeer County’s Area Median Income.  For Homeowner Rehabilitation, the maximum grant funds allowed per unit is $40,000 with a minimum of $1,000.

Under this activity the home will be rehabilitated to meet code requirements of the program.  MSHDA requires that repayment of assistance be based on the ability to repay.  All homeowners with incomes greater that 30% Area Median Income (AMI) must finance a portion of the project costs with funds outside this grant OR amortize a portion of the loan; this non-grant or amortized portion must increase with higher incomes.  The following table shows the AMI breakdown and repayment terms:

%   of AMI

%   of Funds for Project

%   of Funds Paid Back


100%   of Funds Forgiven

No   pay back


75%   of Funds Forgiven

25%   paid back monthly over 10 years


50%   of Funds Forgiven

50%   paid back monthly over 10 years


25%   of Funds Forgiven

75%   paid back monthly over 10 years

Home Rehab Program Application

HPR Application

City map for grant