2013 Senate Bill 347

House Roll Call 283: Passed

To empower the Michigan State Housing Development Authority (MSHDA) to use money in reserve funds to “invest” (buy ownership interest) in companies or nonprofits whose “primary purpose is to acquire ownership interests in multifamily housing projects” (and not necessarily build new ones).

88 Yeas / 20 Nays
Democrat (48 Yeas / 1 Nay)
Republican (40 Yeas / 19 Nays)
Excused or Not Voting (1)