What is a Renaissance Zone?
Renaissance Zones are regions of the state set aside as virtually tax-free for any business or resident presently located in or moving to one of the zones. The program has been so successful that it has been expanded to 34 zones from the original 11 established in 1996. With this expansion, there are now 164 geographic areas in Michigan that are virtually tax-free.
How to quality for tax benefits:
• Resident for 183 days • Primary Residence at Heritage Square
Heritage Square is located in a Renaissance Zone. That means you pay:
• NO property taxes* • NO city income taxes • and NO state income taxes.
No taxes means you can increase your purchasing power, so you can own a home much sooner then you might think.