WOOD Grand Rapids on MSN

2 Grand Rapids affordable housing projects get $3.2M in tax credits

Tax credits have been awarded to two Grand Rapids developments that are expected to add nearly 100 affordable rental units ...

A Low-Income Housing Program Is Pouring Billions Into Housing Many People Can’t Afford

The federal tax credit provides up to $15 billion in subsidies a year to help developers build apartments. It’s created housing that’s often no more affordable than the market rate.
Forbes

The Tax Provision Worsening The Affordable Housing Crisis

In this episode of Tax Notes Talk, Tax Notes senior reporter Cady Stanton investigated a provision of the low-income housing tax credit and talked to housing advocates and tenants about how a 1990s ...
mlive on MSN

Bay City housing development among projects receiving low-income tax credits

BAY CITY, MI – An affordable housing development in Bay City has received more than $3.2 million in tax credits, the governor ...

Sault Ste. Marie affordable housing development receives more than $1.37M in low-income tax credits

The Sault Tribe Housing Authority PSH in Sault Ste. Marie has been awarded $1,373,195 in LIHTC allocations.

181 Affordable housing units slated to be built in West Michigan, Gov. Whitmer announces

Nearly $6 million in federal Low-Income Housing Tax Credits are supporting the creation of homes in Grand Rapids, Allegan and ...