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Home Tax Credits
MSHDA Down Payment Assistance Program PDF Print E-mail

Saving money for a down payment can be a challenge and if your household income is less than $100,000 you may be eiligible for both the federal tax credit noted above and the Michigan State Housing Development Authority's (MSHDA) Down Payment Assistance Program.  Details include:

- Zero-interest, non-amortizing loan with no monthly payments.
- Maximum assistance is $7,500.
- Available with MSHDA's FHA or Rural Development first mortgage.
- Funds may be used for down payment, closing costs, prepaid/escrow expenses and a home inspection performed by a licensed home inspector.
- The loan is due upon sale or transfer of the property or if the first mortgage is refinanced or paid in full.

Additional information on this program or other programs through MSHDA, please go to http://www.michigan.gov/mshda/0,1607,7-141-45866_45870-175332--,00.html.

 
Energy Efficiency/Green Remodeling Tax Credits PDF Print E-mail

The Stimulus bill signed on February 17, 2009 made some significant changes to the energy efficiency tax credits.

- The tax credits that were previously effective for 2009, have been extended to 2010 as well.
- The tax credit has been raised from 10% to 30%.
- The tax credits that were for a specific dollar amount (ex $300 for a CAC), have been converted to 30% of the cost.
- The maximum credit has been raised from $500 to $1500 for the two years (2009-2010).  However, some improvements such as geothermal heat pumps, solar water heaters and solar panels are not subject to the $1,500.
- The $200 cap on windows has been removed.

For more information on these program, click http://www.energystar.gov/index.cfm?c=tax_credits.tx_index#s1.

 
Need to Find a Builder or Remodeler? PDF Print E-mail

MAHB members are the best for your home.  To find a building professional in your area contact one of the following local home builder associations:  (Download PDF) or click on the name below for direct website connection and builder/remodelers for that area.

 

HBA of Barry County

Serving Counties: Barry

 

Battle Creek AHB

Serving Counties: Calhoun 

 

Bay County HBA

Serving Counties: Bay 

 

HBA of Central Michigan

Serving Counties: Clare, Gratiot, Isabella  

 

BA of Metropolitan Flint

Serving Counties: Genesee  

 

Home & BA of Greater Grand Rapids

Serving Counties: Kent, East Ottawa, Ionia, Montcalm  

 

HBA of the Grand Traverse

Serving Counties: Antrim, Benzie, Grand Traverse, Kalkaska, Leelanu  

 

HBA of the Holland Area 

Serving Counties: Allegan, Southwest Ottawa 

 

HBA of Jackson 

Serving Counties: Jackson  

 

HBA of Greater Kalamazoo 

Serving Counties: Kalamazoo, St. Joseph, Van Buren  

 

Greater Lansing Home Builders and Remodelers Association 

Serving Counties: Clinton, Eaton, Ingham  

 

HBA of Lapeer 

Serving Counties: Lapeer  

 

Lenawee County AHB

Serving Counties: Lenawee  

 

Little Traverse AHB 

Serving Counties: Charlevoix, Emmet, Otsego 

 

HBA of Livingston 

Serving Counties: Livingston  

 

HBA of Mecosta County 

Serving Counties: Mecosta 

 

Mid-Eastern Michigan HBA - 989.846.6517

Serving Counties: Arenac, Gladwin 

 

HBA of Midland County 

Serving Counties: Midland 

 

Mid-Northern Michigan HBA 

Serving Counties: Iosco, Ogemaw, Oscoda 

 

HBA of Monroe County 

Serving Counties: Monroe 

 

Northeastern Michigan HBA 

Serving Counties: Alcona, Alpena, Montmorency, Presque Isle 

 

Northwest Michigan HBA 

Serving Counties: Missaukee, Osceola, Wexford 

 

HBA of Saginaw 

Serving Counties: Saginaw 

 

HBA of Shiawassee County 

Serving Counties: Shiawassee 

 

Shoreline BA 

Serving Counties: Muskegon, Northwest Ottawa 

 

BIA of Southeastern Michigan 

Serving Counties: Macomb, Oakland, St. Clair, Wayne 

 

Southwestern Michigan HBA 

Serving Counties: Berrien, Cass 

 

Straits Area BA 

Serving Counties: Cheboygan 

 

HBA of the Thumb - 810.648.0100

Serving Counties: Huron, Sanilac, Tuscola 

 

Tri-Lakes HBA 

Serving Counties: Crawford, Roscommon 

 

Upper Peninsula BA 

Serving Counties: Alger, Baraga, Chippewa, Delta, Dickinson, Gogebic, Houghton, Iron, Keweenaw, Luce, Mackinaw, Marquette, Menominee, Ontonagon, Schoolcraft 

 

Builders and Remodelers Association of Greater Ann Arbor 

Serving Counties: Washtenaw  

 

HBA of West Michigan 

Serving Counties: Lake, Mason, Manistee, Oceana, Western Newaygo 

 
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