DETROIT – Wayne County Treasurer Eric Sabree is urging property owners who are struggling to pay years of delinquent property taxes to enroll in the Interest Reduction Stipulated Payment Agreement (IRSPA) plan by June 30, 2026. IRSPA is a payment plan designed specifically for owner-occupied properties that significantly reduces the interest rate on delinquent taxes from 18% to 6% for eligible taxpayers.
“Without action by the Michigan Legislature before June 30, this vital payment plan will end this month,” said Sabree. “So, we are urging Wayne County property owners who may be struggling to pay back taxes to enroll while they still can, before the Legislature puts an end to this program.”
To qualify and sign up for the IRSPA plan, the property owner must live in the home as their principal residence and must have a Principal Residence Exemption (PRE) on file to prove permanent residency. If the taxes are in name other than the owner, a copy of the deed must be presented for proof of ownership…