Michigan Cities Propose $800M Investment in Affordable Housing as State Officials Negotiate Budget

Michigan cities propose $800M investment in affordable housing as state officials negotiate budget

A group that represents cities in Michigan is asking the state to invest $800 million over the next five years to help spur affordable housing projects. The Michigan Municipal League predicts the effort could result in 10,000 new or rehabilitated…

Michigan Cities Propose $800M Investment in Affordable Housing as State Officials Negotiate Budget

LANSING, Mich. (AP) — A group representing local governments across Michigan is calling on state lawmakers to set aside $800 million over the next five years to help spur affordable housing projects, predicting the cash infusion could result in 10,000 new or rehabilitated homes.

$800M housing plan: Use carrots rather than sticks to incentivize density

LANSING — Michigan would spend $800 million over five years to build or rehabilitate more than 10,000 housing units under a plan in which funding for developers and homebuilders would be available only in communities that make housing-friendly zoning changes. The bipartisan MI Home Program proposal, which will be introduced... Please login to read all 633 words.