Michigan Legislature OKs Affordable Housing Fund

Program to boost home ownership also helps cities.

1 minute read

December 22, 2004, 2:00 PM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech

Concerned that rising housing costs are harming state residents and the cities they live in, the Michigan Legislature earlier this month approved two bills that expand home-owning opportunities for low- and moderate-income families. Support for the new laws was so strong that the Legislature also appropriated an initial $2 million for the program despite the states severe budget problems. Passage of the two-bill package on December 9 capped a long drive by housing activists and some state legislators to establish a state-funded affordable housing trust fund. It also marked another victory for a bipartisan group of Lansing lawmakers intent on enacting recommendations made by the Michigan Land Use Leadership Council.

Thanks to Keith Schneider

FULL STORY: Michigan Legislature OKs Affordable Housing Fund

Wednesday, December 22, 2004 in Michigan Land Use Institute

Housing Michigan

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