County adds $461,400 to down payment assistance program to prioritize county-subsidized homes
Ingham County increased its Down Payment Assistance agreement with Capital Area Housing Partnership by $461,400 to serve about 15 additional income-qualified buyers, prioritizing purchasers of County-subsidized homes and extending the grant term through January 30, 2029.
The full story
The Ingham County Board adopted Resolution #26-283 to amend the existing agreement with Capital Area Housing Partnership, increasing the contract amount by $461,400 (from $1,450,000 to $1,911,400) using Legislative Enhancement Grant funds. County staff said the program has already deployed nearly $1 million and is projected to deploy another $300,000 in the next two months, and that the additional funding will support roughly 15 more income-qualified homebuyers with up to $30,000 each.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in