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May 27, 2025
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State Leaders Announce Michigan Adds Nearly 22,000 Homes as Progress Accelerates
MSHDA analysis of Census data shows state’s housing shortage down to 119,000
LANSING, Mich. – Today, Governor Gretchen Whitmer and the Michigan State Housing Development Authority (MSHDA) announced that Michigan is accelerating progress in building and rehabilitating homes, helping more families find quality, affordable homes and closing the housing gap statewide.
“To make sure that every Michigander has a quality, affordable place to live, we need to ‘build, baby, build,’” said Governor Whitmer. “Over the past three years, we’ve made record investments to build thousands of homes across the state and cut red tape to make it easier to get projects across the finish line. Our efforts are paying off, as Michigan has added 22,000 units, increasing the supply of quality, affordable homes, and driving down costs for buyers and renters. Let’s keep working together on housing and make Michigan the best place to live and work.”
Last week, the MSHDA Board approved the first six Employer-Assisted Housing Fund grants for six projects supporting housing opportunities for 479 income-eligible households in communities across the state, totaling more than $5 million in grants. This was the first round of awards made under this new program, announced by the Governor at the Northern Michigan Policy Conference in January. This week, MSHDA will make additional announcements of housing investments at the Mackinac Policy Conference.
“The data shows that MSHDA staff and our partners are working harder and producing more than ever,” said Amy Hovey, CEO and Executive Director of MSHDA. “Last year, for the second straight year, the Authority set a record in our history, investing more than $2 billion in the production, preservation, or purchase of more than 12,000 housing units. We recognize we still need to do more. The state must continue investing, with funds that are as flexible as possible, so that MSHDA can continue aligning our resources with the needs that local and regional leaders are bringing to us.”
Population and housing unit estimates are updated annually by the U.S. Census Bureau, most recently in May. Michigan State Housing Development Authority (MSHDA) staff in its Office of Market Research uses the latest Census data to arrive at projections of supply and demand, setting the goal of a 5% vacancy rate to model the conditions of a housing market that’s healthy and balanced. Last year’s trends indicated Michigan could expect to add about 20,000 additional housing units per year, and the Census data showed that we added 21,973 housing units between 2023 and 2024, showing the results of increased investment in housing production.
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About MSHDA
The Michigan State Housing Development Authority (MSHDA), established in 1966, provides financial and technical assistance through public and private partnerships to create and preserve safe and decent affordable housing, engage in community economic development activities, develop vibrant cities, towns and villages, and address homeless issues.