2021 Senate Bill 715

Expand, revise housing industry lender subsidies

Introduced in the Senate

Nov. 3, 2021

Introduced by Sen. Marshall Bullock (D-4)

To require the Michigan State Housing Development Authority, which delivers various direct and indirect loan subsidies to developers, to create “best practice guidelines” for “assessing the needs of older adults” who are “displaced from their homes” by cost increases brought about by a “residential revitalization and conversion project in the municipality”.

Referred to the Committee on Local Government