Portage Neighborhood Housing Stabilization Program

December 3, 2009

Source: Neighborhood Housing Stabilization Program
Phone: (269) 324-9201

The City of Portage Department of Community Development announces the Neighborhood Housing Stabilization Program, which facilitates the purchase and rehabilitation of foreclosed homes in northeast Portage neighborhoods. The program provides up to $25,000 in down payment and rehabilitation assistance to home buyers who purchase a foreclosed home in northeast Portage neighborhoods. Assistance is provided to home buyers in the form of a second mortgage, which is a 10-year forgivable, no-interest, deferred loan through the Michigan State Housing Development Authority.

For more information, please Click Here for the attached flyer, or call the City of Portage Department of Community Development at 324-9201.

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