A bill to amend 1966 PA 346, entitled “State housing development authority act of 1966,” by amending section 22 (MCL 125.1422), as amended by 2012 PA 327, and by adding section 22e.
Senate Bills 923-925 establish a Michigan tax credit program to incentivize redevelopment of historic, rural, and blighted properties, with up to $200 million in annual credits, aiming to spur community revitalization and affordable housing while impacting state revenues.
Co-sponsored by Sens.
Referred to the Committee on Economic and Community Development
