Main Content Act 127 of 1999 friendly link printer friendly bills affecting mcl index link Search within this Statute for URBAN HOMESTEAD ACTAct 127 of 1999AN ACT to create an urban homestead program; to permit certain local governmental units or nonprofit community organizations to create and administer urban homestead programs; to prescribe the powers and duties of certain state entities and local governmental units; and to provide for the disposition of personal and real property. History: 1999, Act 127, Imd. Eff. July 23, 1999 Popular Name: Homesteading The People of the State of Michigan enact: DocumentTypeDescription Section 125.2701SectionShort title. Section 125.2702SectionDefinitions. Section 125.2703SectionUrban homestead program; availability of property to qualified buyers; resolution; designation of administrator by local government; appeals process to applicants and buyers. Section 125.2704SectionEligibility of applicant to rent and purchase property; criteria; substance abuse testing; verification of school attendance. Section 125.2705SectionApplication to rent property; lease agreement; provisions; conditions for deeding property. Section 125.2706SectionDisposition of rent receipts. Section 125.2707SectionAdditional powers. Section 125.2708SectionAudit. Section 125.2709SectionLate or delinquent rent.