Owe back taxes? Program to reduce interest rate ends on June 30

June 17, 2026

Wayne County homeowners struggling with overdue property taxes can participate in a program that lowers interest rates on their debt from 18% to 6% through five-year payment plans. The Interest Reduction Stipulated Payment Agreement (IRSPA) has helped over 33,000 properties successfully eliminate their tax debt since starting in 2015, though roughly 6,500 properties remain currently enrolled. However, the program faces a June 30th expiration date unless state legislators approve Senate Bill 423, which has passed the Senate but awaits action in the House of Representatives.

Who is affected

Wayne County homeowners with delinquent property taxes
Currently 6,455 properties enrolled in the IRSPA program
33,770 properties that have fully paid off their delinquent taxes since 2015
Qualifying low-income homeowners who could benefit from additional debt reduction programs
Wayne County Treasurer Eric Sabree and his office

What action is being taken

Wayne County homeowners are enrolling in the IRSPA program
The Wayne County Treasurer's office is engaging in proactive outreach to homeowners struggling to meet their payment obligations
Senate Bill 423 is being considered by the House of Representatives (having already passed the Senate in October 2025)

Why it matters

This program is significant because it provides struggling homeowners a realistic path to resolve their tax debt by reducing the interest rate from 18% to 6% and consolidating delinquencies into manageable five-year payment plans. The program has demonstrated substantial success, helping over 33,000 properties eliminate their tax debt since 2015. Without legislative action to extend the program beyond June 30th, vulnerable homeowners will lose access to this critical tool for avoiding foreclosure and maintaining homeownership, potentially destabilizing families and communities throughout Wayne County.

What's next

Homeowners with delinquent property taxes should enroll in the IRSPA program before the June 30 deadline
The Michigan House of Representatives will decide whether to pass Senate Bill 423, which would remove the program's expiration date and provide additional relief by reducing outstanding taxes and eliminating interest and fees for qualifying low-income homeowners
If the extension passes, homeowners already enrolled would have prior payments applied to plans with reduced taxes and no interest or fees

Read full article from source: bridgedetroit.com