Establishes the MI Home Program Act to enhance housing supply and affordability in Michigan.
The MI Home Program Act creates the MI Home Program to support housing supply and affordability in Michigan. It establishes several funds and programs administered by the Michigan State Housing Development Authority (MSHDA). Key components include the MI Home Grant Program, MI Home Loan Program, MI Home Readiness Program, and MI Home Employer Program. These programs provide grants and loans for construction, rehabilitation, and workforce housing development projects.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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