New housing developments in Michigan promoting affordability

Michigan Business News

Michigan Leaders Announce Affordable Housing and Workforce Initiatives

News Summary During the Mackinac Policy Conference, Michigan state leaders unveiled significant initiatives to combat the affordable housing crisis and develop a skilled workforce for infrastructure projects. The government aims to create thousands of homes in partnership with developers, with over 19 housing plans already approved. Additionally, $110 million is

May 29, 2025 8:59 am

Rendering of a two-story apartment complex in Lawrence, Kansas

Michigan Breaking News

Lawrence City Commission Approves New Apartment Complex

News Summary The Lawrence City Commission has approved a rezoning request for a new two-story apartment complex with 24 units. Developed by LMK Homes LLC, the complex will include 12 one-bedroom and 12 two-bedroom units, with internalized parking and enhanced pedestrian access. While supporters emphasize the need for affordable housing,

May 22, 2025 8:53 am

Construction site featuring energy-efficient homes in Michigan

Michigan Business News

Michigan Homebuilders Challenge New Energy Efficiency Codes

News Summary As Michigan prepares to implement new residential building and energy codes aimed at enhancing energy efficiency by mid-2025, homebuilders are gearing up for a legal battle against the state. The proposed codes, which promise substantial energy savings and environmental benefits, face opposition due to concerns over increased construction

April 27, 2025 8:53 am

Children playing in a Michigan playground amidst a child care crisis.

Michigan Business News

Child Care Crisis Hits Michigan Families Hard

News Summary Michigan families are facing a severe child care crisis, with low wages driving caregivers away, leading to a shortage of affordable services. The state bears significant economic impacts, with estimated losses of $2.9 billion annually due to workforce issues. Proposed solutions involve wage subsidies and community programs like

April 23, 2025 8:50 am

Workers installing fiber optic cables in Michigan

Michigan Business News

Broadband Services to Expand in Michigan

News Summary Michigan Broadband Services (MBS) is set to enhance connectivity across the state with new fiber-optic infrastructure and a community philanthropy program. With a history dating back over a century, MBS plans to launch fiber-based broadband services in St. Ignace by spring 2024, and their recent acquisition by MachTen,

March 25, 2025 8:54 am

Power lines in Michigan with trees around them

Michigan Business News

Michigan Residents Brace for Electric Rate Hike

News Summary Michigan residents are preparing for an increase in their electric bills, beginning April 4, as the Michigan Public Service Commission has approved a 2.8% rate hike by Consumers Energy. This decision comes as the company aims to improve service reliability and fund a $125 million tree-trimming program to

March 22, 2025 8:53 am

A view of Ontario's electricity generation plants with transmission lines

Michigan Business News

Ontario Implements 25% Electricity Export Surcharge

News Summary Ontario has announced a 25% surcharge on electricity exports to the U.S. starting March 10, 2025, in response to U.S. tariffs. This decision affects consumers and businesses in states like Michigan, Minnesota, and New York, potentially increasing their monthly electric bills. Premier Doug Ford deems U.S. tariffs a

March 11, 2025 9:07 am

Map of Ontario showing electricity export routes to the U.S.

Michigan Business News

Ontario Implements Surcharge on Electricity Exports Amid U.S. Tariff Tensions

News Summary Ontario Premier Doug Ford has announced a 25% surcharge on electricity exports to the U.S. as a retaliation against tariffs imposed by President Trump. This move impacts homes in states like Minnesota, Michigan, and New York, amidst escalating trade tensions between Canada and the U.S. The surcharge could

March 5, 2025 9:53 am

Housing developments in Michigan neighborhoods for workforce residents

Michigan Business News

New $10 Million Fund for Workforce Housing in Michigan

News Summary On February 24, 2025, the Michigan State Housing Development Authority announced a $10 million employer-assisted housing fund aimed at addressing the statewide shortage of workforce housing. This initiative will assist employers in developing new housing, donating land, or providing down payment assistance for employees. As local businesses like

February 25, 2025 10:04 am

Workers on a Michigan street celebrating minimum wage increase

Michigan Business News

Michigan Workers to Receive Minimum Wage Increase

News Summary In a significant development for Michigan workers, the state’s minimum wage will rise from $10.56 to $12.48 starting February 21, 2025. This bipartisan agreement aims to enhance the pay of over 280,000 workers and gradually increase the minimum wage to $15 an hour by 2027. The new law

February 23, 2025 9:56 am