JACKSON, Mich. (Michigan News Source) – The city of Jackson promoted its program on social media Wednesday where lower-income residents can get up to $35,000 in taxpayer dollars if they purchase a home in the city.
The city stated that one year into its 100 Homes Program there have been 15 houses sold and occupied.
MORE NEWS: Trial Date Set for Former Grand Rapids Police Officer
In addition, the city is supporting the sale of 100 homes that come with a sales price of $175,000. The average median home value in Jackson is $178,460, according to Zillow. The houses vary from a mixture of one-or two-story homes.
The city will give approved lower-income applicants $25,000 in “down payment assistance.” Residents may qualify for another $10,000 from the Michigan State Housing Development Authority.
To qualify for the program, an individual would have to make $70,800 or less while a family of four making $101,150 would also qualify.
Leave a Comment
COMMENTS POLICY: We have no tolerance for messages of violence, racism, vulgarity, obscenity or other such discourteous behavior. Thank you for contributing to a respectful and useful online dialogue.