Due to extreme heat conditions, Lansing Emergency Management has announced that cooling centers in the Lansing region will be open on Thursday, July 21st through Saturday, July 23rd.

Where Michigan Works!

City of Lansing

Welcome. Please contact me if I can help you in any way.

-Mayor Virg Bernero

Mayor Virg Bernero
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Development Office back

Things To Think About Prior To Purchasing

Do you have a steady job and reliable source of income?

What is your credit history like?  When you attend pre-purchase counseling the importance of a good credit history will be discussed, as well as information on budgeting, obtaining financing, predatory lending, purchasing a home, insurance, and avoiding foreclosure.

If you are not quite ready to purchase a home, the counseling agency may suggest you enroll in Financial Literacy counseling.  This counseling will provide you with one-on-one assistance to clean up your credit.

Franklin Street Community Housing Corporation (FSCHC) is working with individuals to obtain Individual Development Accounts (IDAs).  These are special matched savings accounts designed to help families and individuals of modest means establish a pattern of regular savings, and ultimately, purchase a "productive asset".  This program provides a $3.00 match for every $1.00 you save.  If you are interested in establishing an IDA you will need to contact FSCHC at (517) 482-8708.

Do you plan on remaining in one place for at least a few years?  According to the IRS, you must owner-occupy your principal place of residence for at least 24 out of the last 60 months to be eligible for an exclusion from capitol gains tax.

If you participate in the city's down payment assistance program, you need to owner-occupy the home purchased with DPA funds for at least ten years.

Homeowner's insurance and taxes typically go up each year.  This means that if your taxes and insurance are escrowed and included in your mortgage payment, your monthly mortgage payments will typically increase each year.

Utilities for a single-family home will probably cost more than an apartment.  As a homeowner, YOU will be responsible for paying for the electric, water, sewage, heating, trash, and all other household bills.

Are you capable of doing routine home maintenance?  YOU will now be the landlord.  According to HouseMaster of America, a nationwide home-inspection company, most people spend 1-3% of the price of their house on annual upkeep.

Have you thought about what items you will need to purchase or receive as gifts in order to do regular maintenance?

Homeowners need some basic items in order to maintain their home's appearance and structure.  Following is a list of some tools you may need:





Utility knife



Tape measure

Snow shovel




Lawn hose

Electric drill & bits

Lawn mower

Wheel barrow

Paint tools (roller, tray, brushes, etc.)

Putty knife

The following websites have some valuable home maintenance and repair information:

Michigan State University Extension Office
Home Time
MSN Real Estate

You will probably want to purchase furnishings for your new home like window treatments, rugs, furniture, etc… It is important that when you are buying these things that you do not go overboard or you will have trouble making your mortgage payment.

Bob Johnson
316 N Capitol Ave
Suite D-2
Lansing, MI 48933

Monday - Friday
8:00 AM - 5:00 PM

Donald J. Kulhanek
Development Manager