Dossier
Interest Reduction Stipulated Payment Agreement
Coverage of Interest Reduction Stipulated Payment Agreement in the Nexus archive.
- Owe back taxes? Program to reduce interest rate ends on June 30
Wayne County's IRSPA program reduces interest rates on delinquent property taxes from 18% to 6% for eligible homeowners, with 6,455 properties currently enrolled. The program expires on June 30, but Senate Bill 423 could extend it. Homeowners must meet criteria like principal residence status and proof of ownership to qualify.