GOV. WHITMER’S $100 MILLION MHCDF FUNDING PROPOSAL COULD EXPAND AFFORDABLE HOUSING AND SHAPE MICHIGAN’S ECONOMY

Yesterday in Detroit, Gov. Gretchen Whitmer announced her proposal to allocate $100 million for the Michigan Housing and Community Development Fund (MHCDF). This funding provides community developers flexibility and could be used for rental housing, rehabs, home ownership projects, and downtown development initiatives to alleviate affordable housing needs in Michigan.

On a broader scale, this significant funding would have ripples of impact across our state for decades to come, revitalizing downtown areas, supporting low- to extremely low-income households in Michigan, take stress off of the labor market, and stabilize our communities as we recover from the effects of the pandemic.

• Read our executive director’s op-ed in Bridge Magazine: Whitmer plan makes housing affordable for more workers 
• Continue reading about the MHCDF in our latest blog post
  
  
• Read a recap of the Governor’s press conference 
• Register for our upcoming webinar with Rep. Joe Tate and Mercedes Brown of Corporation for Supportive Housing (CSH) August 16: The opportunity is now: Investing in immediate and long-term affordable housing solutions

CEDAM looks forward to working with our partners and members to build bipartisan support for this budget allocation. Please contact Jessica AcMoody, CEDAM’s policy director, if you would like to learn more or get involved with our advocacy efforts.