Michigan housing policies

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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

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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

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