The Marketplace, a 23-home development, is located across from the...
What is the Kalamazoo Homeownership Opportunities Program (KHOP)?
The Kalamazoo County Land Bank and the City of Kalamazoo have partnered to offer new or newly rehabilitated homes in the following neighborhoods surrounding beautiful downtown Kalamazoo: Eastside, Edison, Fairmont, Northside, Stuart and Vine. KHOP is part of a national effort to create excellent housing opportunities near downtown business centers in great neighborhoods. Funds provided by the American Recovery and Reinvestment Act are being invested in these neighborhoods through the rehabilitation and new construction of homes that will sell at unbelievably attractive prices. Buyers may qualify for considerable financial assistance to keep mortgage payments affordable. In fact, with this financial help, it is often possible to own a home for an amount that's the same as or less than rent.