Michigan housing policies

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Variety of senior housing options in a northern Michigan community
Michigan Business News

Northern Michigan Faces Senior Housing Crisis

News Summary The Grand Traverse area is confronting a significant housing shortage for seniors, with over 30,000 residential units needed by 2027. The demand for affordable and appropriate living arrangements for older adults is escalating, with particular challenges for those on fixed incomes. Local leaders are calling for urgent action

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Scenic view of Northern Michigan showcasing senior housing options.
Michigan Business News

Northern Michigan Faces Severe Senior Housing Shortage

News Summary Northern Michigan is experiencing a significant shortage of senior housing, with a projected shortfall of over 30,000 units by 2027. A recent assessment highlights the urgent need for affordable and appropriate options for seniors, especially those on fixed incomes. The challenges imposed by a growing elderly population, including

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Courtroom setting with legal documents and gavel representing tax foreclosure case.
Michigan Breaking News

Supreme Court to Hear Major Tax Foreclosure Case

News Summary The U.S. Supreme Court will hear the pivotal case of Michael Pung v. Isabella County, addressing crucial property rights in tax foreclosures. The dispute centers on an estate’s tax bill that led to a foreclosure sale significantly below the home’s assessed value. Legal experts believe the outcome could

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New housing developments in Muskegon, Michigan
Michigan Business News

Muskegon Enhances Infrastructure and Affordable Housing

News Summary Muskegon, Michigan is taking important steps to revitalize its infrastructure and create affordable housing. Recent developments include a 144-apartment housing project and industrial expansion efforts aimed at promoting economic growth. Local officials have approved critical rehabilitation certifications and tax incentives to support these initiatives, addressing the urgent need

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Illustration of diverse housing developments in Michigan as part of the MI Home Program
Michigan Business News

Michigan Launches MI Home Program to Combat Housing Shortage

News Summary Michigan is tackling its housing shortage with the launch of the MI Home Program, aiming to construct or rehabilitate 10,000 homes over five years with an $800 million budget. This initiative includes local zoning changes and an Employer-Assisted Housing Fund to support affordable housing solutions. Experts highlight the

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Family exploring homeownership options in Michigan neighborhoods
Michigan Business News

Black Homeownership Struggles in Michigan Highlight Widening Gap

News Summary Black homeownership in Michigan faces significant challenges, with mortgage denial rates exceeding 20% for Black applicants in Grand Rapids and Detroit. A recent LendingTree analysis shows that the Black homeownership rate in Grand Rapids is the lowest among the 50 largest U.S. metros, at just 30.1%. Systemic barriers,

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Aerial view of Detroit showing urban development
Michigan Business News

Michigan Experiences Population Growth Amid Relocation Trends

News Summary Michigan is witnessing notable demographic shifts in 2025, with residents relocating mainly within the Midwest and a surprising influx into Detroit. U-Haul’s analysis indicates that summer moves account for a substantial portion of relocations, reflecting a rebound in population growth. Despite some out-migration, Detroit is seeing an increase

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A view of residential housing in Michigan highlighting affordable and high-rent areas.
Michigan Business News

Michigan Renters Face Escalating Housing Crisis

News Summary A report from the National Low Income Housing Coalition highlights a growing housing crisis for Michigan renters, with the income needed for a two-bedroom apartment rising to $24.46 per hour. This contrasts sharply with the state’s minimum wage and average renter wages. The report indicates a significant disparity

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An unfinished residential construction site in Michigan.
Michigan Business News

Michigan Pauses New Residential Construction Codes Amid Legal Dispute

News Summary The state of Michigan has suspended the introduction of new residential construction and energy conservation codes following a legal challenge from housing trade groups. This decision delays regulations originally due to take effect on August 29, leading to ongoing debates about housing costs and building standards in the

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A construction site in Michigan with builders discussing energy-efficient building practices
Michigan Business News

Michigan Homebuilders Challenge New Energy Codes in Court

News Summary Industry groups representing Michigan homebuilders have filed lawsuits against the state to block new energy efficiency building codes set to take effect in August 2025. Builders argue the increased costs, estimated to add $16,000 to typical home construction, will worsen the housing crisis. Proponents of the regulations contend

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