FIRSTHOMEMICHIGAN.COM

First-time homebuyers in Michigan have a new tool to help realize the dream of homeownership! Open a First-Time Homebuyer Savings Account today... Michiganders can now save for the first purchase of a home through a new dedicated savings vehicle! The Michigan First-Time Homebuyer Savings Account ("FHSA") Program allows account holders to deduct most, if not all, of their contributions to a FHSA from their state income tax and enjoy tax-free gains on their savings... FHSAs can be opened for yourself, or parents, grandparents, and guardians can designate the account for a qualified beneficiary, like a child or grandchild, to take advantage of in the future!

Primary location: Lansing United States