We are taking action to make sure every Michigander has a safe, affordable place to call home.
*August 7, 2024*
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Dear Friend,
We are taking action to make sure every Michigander has a safe, affordable place to call home.
Since I took office, we’ve built or rehabbed over 50,000 units, and we are not taking our foot off the accelerator. Brick by brick, we are laying the groundwork to build up our communities, ensuring they thrive for generations to come.
Yesterday, I visited a site that will soon be home to at least 144 units of quality, affordable housing for local teachers, support staff, and administrators in Traverse City, helping tackle the housing crisis and bring down rent caused by rising tourism, a growing population, and an inadequate supply of units.
A similar story is unfolding everywhere in Michigan: low supply leads to higher rent and home prices, which prices out the middle class. Housing is a statewide challenge. It’s why I made it one of my top priorities.
Together, let’s build more housing to help everyone make it in Michigan.
Build Baby Build!
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We all need a safe, affordable place to call home, but we are facing a housing crisis driven by a lack of supply.
Our response to the statewide housing shortage is simple: build, baby, build! By building up supply, we can drive down costs and make our neighborhoods better places to live, work, and invest.
Largest Housing Investment in Michigan History
* This year, MSDHA is making the largest investment to build, rehab, or permit housing in Michigan history—a *$1.4 billion* investment for *10,000 homes*, without raising taxes by a dime.
* The new balanced, bipartisan state budget I signed will invest another *$100 million* to build or rehab affordable housing.
* We’re also funding the *Revitalization and Placemaking program*, backing projects to turn old, abandoned places into new housing or commercial spaces and making communities more attractive places to live and work.
* We will continue to meet the affordable, attainable housing needs for working-class families through the *Housing and Community Development Fund *thanks to our work to secure a sustainable funding source.
Creating Jobs
Building more of every kind of housing—single-family homes, apartments, and mixed-use buildings—will expand supply and lower cost while creating tens of thousands of good-paying jobs along the way. There are more Michiganders working in construction today than at any point in the last 22 years.
Across the state, pipefitters, carpenters, bricklayers, and roofers are rolling up their sleeves to ’build, baby, build’ a heck of a lot more housing and ensure every Michigander has a safe, affordable place to call home.
Investing in Affordable & Attainable Housing
* Last week, I signed a bill to lower costs for cities and towns to help them fix up damaged property and cut red tape to eliminate blight in our communities.
* In 2022, we released Michigan’s first Statewide Housing Plan [ [link removed] ] set a goal of 115,000 units over the next five years.
* I signed a bipartisan supplemental investing *$275 million* to build and refurbish thousands of affordable housing units, revitalize communities, and address blight.
* We made historic investments [ [link removed] ] in the *Building Michigan Together Plan* to build and refurbish affordable housing units for working class families.
* I signed transformational brownfield legislation [ [link removed] ] to power economic development and finance affordable housing in communities across Michigan.
Lowering Costs
We will continue helping lower costs for Michigan families to buy a home or stay in their existing residence.
* We are helping thousands of families buy homes through Down Payment Assistance [ [link removed] ] and *MI Home Loan Mortgage Programs*.
* We are helping tens of thousands of families stay in their homes and prevent foreclosure with funding from the *Michigan Homeowners Assistance Fund*.
We are doing all of this without raising taxes on Michiganders. In fact, the new balanced, bipartisan budget builds on the *$1 billion* in tax relief we delivered last year by continuing to roll back the retirement tax and quintupling the Working Families Tax Credit, lowering costs for thousands of seniors and families.
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Let’s continue this momentum of growth, lower costs for Michiganders, and build a brighter future for our state.
Let’s keep getting it done and keep delivering for Michiganders!
Sincerely,
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Gretchen Whitmer
Governor
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