LANSING, Mich. (AP) — Gov. Gretchen Whitmer on Tuesday proposed spending $100 million in federal COVID-19 rescue funds to expand access to affordable housing.
The aid would go to the Michigan State Housing Development Authority. The authority provides financial and technical assistance develop housing-related projects.
The Democratic governor said the funding would leverage an additional $380 million in private spending. Whitmer says it has the potential to assist 6,000 families and produce 2,000 rental units. It was her latest proposal to use $6.5 billion in discretionary aid approved by Congress and President Joe Biden.