City of Muskegon employees who buy a house within city limits may qualify for financial incentives under a new proposal.
The Employee Homeownership Program, if approved by city officials, would offer an up-to $500 matching down payment.
It would also provide forgivable matching loans, depending on neighborhood and other factors.
An overall up-to $5,000 match would be available.
Officials say it’s one piece of larger and ongoing neighborhood stabilization and blight elimination efforts.
