This week, the Michigan Senate passed a bill increasing avenues for affordable housing through the Michigan State Housing Development Authority. Specifically, it would expand eligibility for the Michigan Housing and Community Development Program to include middle-income Michigan residents.
Key Points:
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- Senate Bill 278 was introduced by Senator Sue Shink (D-Northfield Twp.).
- The Michigan Housing and Community Development Fund helps residents find affordable housing and revitalizes downtown areas and adjacent neighborhoods.
- Under the bill, an individual, family, or unrelated individuals living together whose adjusted household income is not more than 120% of the area’s median income would qualify for assistance.
- The bill is part of the Senate Democrats’ A Michigan You Can Afford plan, aiming to lower the cost of living for Michigan residents.
“So many hardworking families can’t find housing they can afford and are being priced out of Michigan,” said Senator Shink. “This legislation is a step in the right direction to address the housing crisis and connect people with existing resources that can build — and keep — strong communities right here in our state.”
The bill was referred to the House Regulatory Reform Committee for consideration.
