Governor Gretchen Whitmer announced significant progress in addressing Michigan’s housing shortage. Thanks to state investments, federal resources, and robust private development, Michigan has built or rehabilitated 50,000 housing units, reducing the statewide shortage from 190,000 units to 141,000 units.
“Our record investments have provided tens of thousands more Michiganders with safe, affordable homes,” said Governor Whitmer. “With our partners, we are making historic investments to expand housing supply, reduce costs, and create tens of thousands of good-paying jobs.”
The Michigan State Housing Development Authority (MSHDA) has set a five-year housing goal, recently increased by 53%. CEO Amy Hovey highlighted the progress and emphasized the need for continued investment to meet growing demands.
Projections indicate Michigan will add 20,000 housing units annually through 2026, potentially increasing with sustained investment.
Reporting for WGRT – Choze Powell