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Housing for All
DEVELOP 75,000 NEW OR REHABILITATED HOUSING UNITS IN FIVE YEARS
Michigan faces an acute housing shortage - worse than the national average for both owners and renters.
Housing shortages are most severe in SE Michiganand West Michigan.
WHY THIS GOAL IS AMBITIOUS, YET ATTAINABLE
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In 2020, Michigan approved approximately 19,600 building permitsand10,000 new housing units total by roughly 50%.
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The goal pace isslightlymore aggressive than the rate of likely household count increase between 2010 and 2020.
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At the pace set out bythese goals,Michigan would move up 36% coverage (from 29%) for owner unitsby year oneand 37% for renter units, up from 35%.These levels aresimilarto those found inIllinois, Indiana, Pennsylvania and others-allstates whocurrently have higher percentages than Michigan, but comparable demographics and economies.
