We can say the housing market looks great but until the people who need houses have houses it’s not a great market for the market, the people. The method of calculation for a market-rate house is unclear. It appears clear to a family when affordable isn’t. The demand for affordable housing remains high all over Michigan, says the MSHDA.
Michigan State Housing Development Authority, Go Green?
Lots of things “Go Green Can mean these days.” Is there a Michigan State University affiliation? No; they are located in Lansing but not East Lansing. This is a .gov deal. There is also a Detroit office. We see why. Don’t worry West Michigan, they still service our area.
The grass is greener? The Greens? Dollar, Dollar bills you all! Yes, maybe. The MSHDA takes in money from the federal government at a rate of about $1.75 (more recently it’s been legislated that this will increase automatically with inflation) per resident of the state, sometimes more…read here… That green sea of money is a pool that has many uses. Builders can apply for credit off their property taxes.
This West Michigan Real Estate Property is Benefiting: 20 East Fulton. Job creation in West Michigan happens when Builders can fund large projects. Without a strong employment market, there cannot be a strong real estate market. Hopetoown agrees.
Environmentally speaking would be a really interesting twist to the command, “Go Green” Now! You better make LEAD certified buildings for the people of low-income to thrive in. THRIVE NOT SURVIVE! THRIVE NOT SURVIVE. Oh, pardon me, this writer turned into a picketer for a moment. MSHDA (sang to the tune of YMCA)! Actually there is a “green initiative” with MSHDA; good job! The division with green initiatives has a description
“The purpose of Downtown & Community Services is to support the creation, preservation and sustainability of vibrant communities through technical assistance.”
This is a good way to word the benefit West Michigan feels from MSHDA, with it’s many different divisions.
One is section 8. Maybe you’ve heard of it, a voucher Program as rental assistance which is one solution to homelessness. The HOPE Program has solutions, too. This article might be of interest to the section 8 residents out there.
Supporting the Creation and Preservation with Sustainability by the LIHTC is ONE MAJOR way MSHDA supports West Michigan, and beyond. But not to infinity. Only Michigan. Read more about LIHTC here.