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

September 1, 2025 8:58 am

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

August 21, 2025 9:26 am

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,

July 26, 2025 8:55 am

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

July 25, 2025 8:57 am

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

July 24, 2025 8:59 am

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

July 9, 2025 9:03 am

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

June 28, 2025 8:53 am

Scenic view of Flint, Michigan reflecting affordable housing

Michigan Business News

Single Adults in Michigan Need $87,000 by 2025 for Comfort

News Summary A recent study reveals that single adults in Michigan will require an annual salary of over $87,000 by 2025 to maintain a comfortable lifestyle due to rising costs. The analysis highlights the 50/30/20 budgeting rule and indicates that families also face increased financial pressures. With a significant portion

June 18, 2025 9:06 am

Community members discussing tenant rights in front of a housing building.

Michigan Breaking News

Michigan Lawmakers Push for Tenant Empowerment Legislation

News Summary Michigan lawmakers are advancing a “Tenant Empowerment Package” aimed at enhancing renters’ rights. Key proposals include requiring landlords to promptly address repairs and extending notice periods for rent increases. The legislation seeks to improve tenant safety and accountability among landlords amid a rising housing crisis. With a supportive

June 13, 2025 8:50 am

Residents rallying outside for energy rate justice

Michigan Breaking News

Detroit Residents Rally Against DTE Energy’s Rate Hike Proposal

News Summary On May 29, Detroit residents, advocacy groups, and state lawmakers protested DTE Energy’s $574 million rate hike proposal outside the Michigan Public Service Commission. This request marks DTE’s fourth increase attempt in five years, with an average monthly customer bill expected to rise by $13.50. Activists argue that

May 31, 2025 8:57 am