41 S Stephen Ave, Fountain, MI 49410

New Construction – Affordable Homeownership Opportunity! Beautiful newly constructed 3-bedroom, 2-bath home, completed in Spring 2026! This home was constructed through a Michigan State Housing Development Authority (MSHDA) MI Neighborhood grant and is being offered as an affordable homeownership opportunity for households within the program's qualifying income guidelines. Income Eligibility This home is currently being offered to households with incomes generally between 110% and 120% of Area Median Income (AMI). Not sure if you qualify, or is your household income slightly below the amounts shown in the brochure? Please don't hesitate to contact us. There may still be options available. Call (231) 843-8411 to discuss eligibility and learn more about the program. Please see the brochure included in the listing photos for additional information. Important Pricing Information The listing price is NOT necessarily the price the qualified purchaser will pay. The purchaser's affordable housing cost will be determined based on household income. The purchaser's maximum affordable mortgage payment, property taxes, and homeowners insurance will be limited to 29% of gross annual household income, subject to program requirements. This structure is designed to make homeownership affordable for the qualifying purchaser. Additional Program Requirements & Assistance Purchasers must be willing to occupy the property as their primary residence for a minimum of five years. A qualified lender is available to assist prospective purchasers through the financing process. Additional down-payment assistance may also be available for qualified first-time homebuyers. This is a unique opportunity to purchase a brand-new home with housing costs structured around affordability. For more information or to discuss whether you may qualify, please call (231) 843-8411.