Rocket Mortgage has rolled out new programs designed for aspiring Detroit homebuyers in a bid to increase homeownership in the city.

The company on Monday said that it will provide Detroit residents with $2,500 closing cost credit when they purchase a home in the city through its new Detroit Home Loan+ program. The lending credit is available to all eligible conventional, FHA, and VA mortgages.

“Detroit has been home to Rocket Mortgage for more than a decade. In that time, we have been proud to use our expertise to create initiatives that support the city’s homeowners,” said Rocket Companies CEO Jay Farner. “Today, we are doubling down on that commitment. By increasing access to banking, credit-building opportunities and, ultimately, home financing, more Detroit residents will be able to build equity through homeownership, which increases neighborhood stability and opportunity for future generations.”