What is the Michigan First-Time Home Buyer Savings Program?

Potential Scam Alert

The Michigan Department of Treasury has been made aware that some "Reminder of Tax Due" letters sent to taxpayers contain an incorrect toll-free (1-800) TTY number, which may connect callers to a potential scam. Taxpayers with questions regarding unpaid individual income taxes are asked to contact the Treasury directly at 517-636-4486. We apologize for any confusion or concern this may have caused.

Wholesale Marihuana Tax Update

Preliminary information for the Wholesale Marihuana Tax is now available.

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What is the Michigan First-Time Home Buyer Savings Program?

The Michigan First-Time Home Buyer Savings Program was created to assist first-time home buyers with the purchase of their Michigan principal residence. Accounts created in connection with the First-Time Home Buyer Savings Program may be used for the payment or reimbursement of eligible costs for the purchase of a single-family residence in Michigan by a qualified beneficiary designated on the account.