2007 House Bill 5443 ↩

House Roll Call 549: Passed

To revise a statutory “preference” that half the money borrowed by the Michigan State Housing Developing Authority be used to provide loan subsidies to certain homebuyers. The bill would make an exception for bonds issued to refinance single family homes (as opposed to original mortgages). The bill is part of a package comprised of House Bills 5442 to 5447.