Michigan HB4539 modifies the allocation plan for the Michigan housing and community development fund.

Michigan HB4539 amends the allocation plan for the Michigan housing and community development fund. The allocation plan must consider the number of persons experiencing poverty, economic, and housing distress, the number of persons with disabilities, and the number of accessible housing units. It must also include a preference for special population groups. At least 25% of the fund must be earmarked for rental housing projects, and at least 30% must target extremely low income households. The authority must hold public hearings before developing the biennial allocation plan.

Michigan HB4539 modifies the allocation plan for the Michigan housing and community development fund.

Michigan HB4539 amends the allocation plan for the Michigan housing and community development fund. The allocation plan must consider the number of persons experiencing poverty, economic, and housing distress, the number of persons with disabilities, and the number of accessible housing units. It must also include a preference for special population groups. At least 25% of the fund must be earmarked for rental housing projects, and at least 30% must target extremely low income households. The authority must hold public hearings before developing the biennial allocation plan.