Bill > HB4539

This bill amends the State Housing Development Authority Act to modify definitions and provisions related to housing and community development funding. The bill expands the definition of eligible applicants to include middle-income households and removes specific references to downtown areas and adjacent neighborhoods. It introduces a new definition for "middle-income household" as an individual or family with an income up to 120% of the area median income. The bill requires the Michigan Housing and Community Development Program to develop a biennial allocation plan that considers the availability of funds from other sources and focuses on addressing housing needs across income levels. The legislation mandates public hearings with virtual participation options and requires the authority to engage with diverse communities, including people with disabilities and limited English proficiency. Additionally, the bill eliminates previous specific allocation requirements, such as earmarking percentages for rental housing and projects targeting extremely low-income households. The authority must now provide an annual public report detailing fund expenditures, including information about funded projects, housing units produced, and households served. The bill aims to provide more flexible and comprehensive support for housing development across different income levels in Michigan.

Business and Industry

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-HB-4539