Introduced
by
To create the Michigan Affordable Housing Fund and the Michigan Affordable Housing Program to provide grants, mortgage loans and other loans to provide housing for low income households and to require that a portion of the loans go to providing housing for homeless people, people with physical and mental disabilities and people living in distressed or rural areas. This is part of a legislative package comprised of House Bills 4682, 4683 and 4684. The bills also provide for single business tax credits for contributions to the program.
Referred to the Committee on Tax Policy