91.7 Ann Arbor/Detroit 104.1 Grand Rapids 91.3 Port Huron 89.7 Lansing 91.1 Flint
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Program to help at-risk homeowners winding down in Michigan

Steve Carmody
Michigan Radio
MSHDA exec. dir. Earl Poleski is traveling the state to promote the Step Forward Michigan program.

Michiganders struggling to pay their property taxes, home mortgage, or condo fees can get help from the state, but for not much longer.

Nearly 35,000 Michiganders have qualified for loans through the Step Forward Michigan program since 2010. But there’s only about $40 million left through the federally funded program.

Earl Poleski is the executive director of the Michigan State Housing Development Authority. He says people suffering a hardship, like a job layoff or large medical bills, qualify for the program.

“If you have experienced one of those, you may be eligible for an interest-free loan of up to $30,000 to get caught up on your property taxes, mortgage or condo fee payments,” says Poleski. “If you stay in your home, the loan is forgiven.  You don’t have to pay it back.”

Officials say since 2010, about 10% of people who qualified for the loans ended up losing their homes anyway. 

Steve Carmody has been a reporter for Michigan Public since 2005. Steve previously worked at public radio and television stations in Florida, Oklahoma and Kentucky, and also has extensive experience in commercial broadcasting.
Related Content