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Commission approves three Neighborhood Enterprise Zone certificates for new homes across Muskegon
Summary
The commission approved Neighborhood Enterprise Zone (NEZ) certificates for three new-construction homes—1542 Adams Street (15 years), 397 Marquette Avenue (15 years), and 303 Terrace Point Circle (12 years)—clearing tax-reduction certificates and prompting staff and state review for a clerical-era application.
The Muskegon City Commission approved three Neighborhood Enterprise Zone certificates on June 10 that reduce the taxable value added by new construction or rehabilitation for eligible homeowners.
Jocelyn Hines, the city’s development analyst, presented each NEZ request. Hines described the NEZ program as allowing a reduction in the new value added to a property—"almost a reduction of 15% in property taxes for a new construction or rehab of homes," she said—and presented the three separate public‑hearing items.
The commission approved a 15‑year NEZ certificate for a new home at 1542 Adams Street built by Stevens Homes and Investments. Developer Steve (Stephen) Benedick, who spoke at the hearing, discussed the market for his product and said most of his houses are targeted at “missing‑middle” and first‑time buyers; he…
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