Letter of Support — Housing North to House Economic Development and Small Business Committee (June 10, 2024)
Summary
Letter dated June 10, 2024, from Housing North to the Michigan House of Representatives Economic Development and Small Business Committee, State Representative Jason Hoskins, Chair; the closing block names Yarrow Brown, Executive Director. The letter states support for the housing components of the package of bills that seeks to update the Strategic Outreach and Attraction Reserve (SOAR) program, namely additional funding to be allocated to the Michigan Housing and Community Development Fund and the Revitalization and Placemaking (RAP) Fund. It says a recent Housing Needs Assessment conducted for the region showed a significant need for housing in northwest lower Michigan. It describes Housing North as a mission driven nonprofit formed in 2018.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
Cite this document
“Letter of Support — Housing North to House Economic Development and Small Business Committee (June 10, 2024).”
Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2024-06-11-testimony-hecon-2023-housing-north-letter-39355-550f8a3b5e/
, SHA-256 0a2b19b27a45217f94393908eef1d6a1c77e5dd8169eb5dab4438a4be5eaa7dc.Full text
June 10, 2024 Michigan House of Representatives Economic Development and Small Business Committee State Representative Jason Hoskins, Chair P.O. Box 30014 Lansing, MI 48909 RE: Support for HB 5651-5653, HB 5768-5770, SB 559, and SB 562 Dear Members of the House Economic Development and Small Business Committee, On behalf of Housing North, I would like to thank you for your work on behalf of the housing shortage in Michigan. As you continue to debate and take action on the package of bills that seeks to update the Strategic Outreach and Attraction Reserve (SOAR) program, our organization would like to share our support of the housing components of this package, namely, the additional funding to be allocated to the Michigan Housing and Community Development Fund, and the Revitalization and Placemaking (RAP) Fund. We believe that the changes being proposed can have a significant impact on closing the housing gap by providing significant resources for struggling housing projects in our region. Access to low cost capital is one of the most pressing needs for developers large and small as they seek to put the puzzle pieces together that result in housing development. The recent Housing Needs Assessment conducted for our region showed a significant need for housing in northwest lower Michigan for those making 60-120% of the AMI or less. The numbers include both for sale and rental units, and it is important that the region has rental options available in the 80-120% AMI range so residents can begin to settle and eventually obtain homeownership. Housing North is a mission driven nonprofit formed in 2018. We support community partners that are working towards housing solutions. Our mission is to build awareness, influence policy, and expand capacity so communities can create housing solutions that meet their unique needs. Our vision is that Northwest Michigan will be a place where families of all income levels can find homes that are safe and affordable. Please don’t hesitate to reach out to me at 231-335-1685 or via email yarrow@housingnorth.org to discuss any questions or concerns. Sincerely, Yarrow Brown, Executive Director
File and source
- File
- 2024-06-11_testimony_hecon-2023-housing-north-letter_39355.pdf
- Size
- 117,014 bytes
- SHA-256
- 0a2b19b27a45217f94393908eef1d6a1c77e5dd8169eb5dab4438a4be5eaa7dc
- Original
- No public link identified.