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 Michigan and West Michigan.
WHY THIS GOAL IS AMBITIOUS, YET ATTAINABLE
In 2020, Michigan approved approximately 19,600 building permits and 10,000 new housing units total by roughly 50%.
The goal pace is slightly more aggressive than the rate of likely household count increase between 2010 and 2020.
At the pace set out by these goals, Michigan would move up 36% coverage (from 29%) for owner units by year one and 37% for renter units, up from 35%. These levels are similar to those found in Illinois, Indiana, Pennsylvania and others-all states who currently have higher percentages than Michigan, but comparable demographics and economies.