NEZ tax credits: As a Neighborhood Enterprise Zone (NEZ), buyers are eligible to receive a partial tax abatement that can reduce property tax up to 35% over a fifteen-year period.
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Pre-purchase Home Buyer Counseling
To obtain homebuyer pre-purchase education certificate contact:
U SNAP BAC
Central Detroit Christian CDC
For a complete list of HUD certified Home Buyer Counseling Agencies in Detroit:
Check out these other resources for home buyers:
GRANDMONT ROSEDALE LENDING SOLUTIONS
Grandmont Rosedale Lending Solutions is a community-based lender with a special focus on Detroit and the Grandmont Rosedale neighborhoods. They offer a full line of mortgage products, including FHA and conventional loans. To learn more about this new program contact Hanna Robey at
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FRESH OPPORTUNITY MORTGAGE
This special mortgage product is available from the Opportunity Resource Fund for buyers with less than perfect credit. Opportunity Resource Fund is a non-profit organization that provides mortgage loans to home buyers working with other non-profit housing organizations such as GRDC. For more information visit www.oppfund.org
This program is supported by: