Displaying items tagged: Housing Next

Tuesday, 21 March 2023 20:47

State, local leaders ‘lay the groundwork’ for statewide housing plan

GRAND RAPIDS — State and local housing leaders are beginning to collaborate on ways to accomplish goals established in Gov. Gretchen Whitmer’s Statewide Housing Plan.

Monday, 13 February 2023 12:07

Grand Rapids area housing gap grew 59 percent during pandemic — and it’s projected to worsen

GRAND RAPIDS — A study released Monday shows the housing shortage in greater Grand Rapids soared during the pandemic as more young people moved to West Michigan amid sluggish new housing starts.

Sunday, 12 February 2023 18:02

New financing tools available as developers, investors contend with housing challenges

While local housing officials expect last year’s spike in housing prices and interest rates to cool off in 2023, high demand and low inventory are still creating difficulties for renters and homebuyers.

Sunday, 12 February 2023 18:00

State invests $275M to create new tools for housing projects, blight elimination

Advocates are awaiting details on how to access $275 million in new funding programs to address the state’s housing shortage.

Wednesday, 23 November 2022 13:45

Ottawa County approves $32.7M in ARPA funds for community projects

The Ottawa County Board of Commissioners has approved allocating $32.7 million in federal stimulus funds for 24 community projects, over some objections that an incoming slate of commissioners should get to vote on project funding.

Published in Economic Development
Friday, 18 November 2022 12:18

Ottawa Co. considers 24 projects for $31.5M in federal ARPA funding

Ottawa County officials are considering a plan to redirect $12.5 million in reserves to fund the full number of projects prioritized for federal stimulus funding.

Published in Economic Development

Tuesday, 15 November 2022 17:36

Housing loan fund, public amenities among 21 projects recommended for share of Kent County stimulus funding

Kent County staff have narrowed down more than 300 requests for federal stimulus funding to 21 projects that involve housing, public amenities, support for underrepresented communities, and social programs.

Published in Economic Development
Sunday, 28 August 2022 18:03

Experts debate public pandemic relief funding for ‘missing middle’ housing

As the statewide affordable housing shortage shows little signs of easing in the near term, different schools of thought have emerged on how to solve the issue. Those include supporting new housing at every price point, or focusing limited public resources on the lowest-income households.

Sunday, 31 July 2022 18:00

‘BEHIND THE BUBBLE’: Housing underproduction in Michigan worsens

Arecently published study from Up for Growth, a national housing advocacy and research group, found housing underproduction in Michigan has reached 87,491 homes — a 311-percent increase since 2012. 

Sunday, 22 May 2022 18:08

Fuel, housing costs underscore public transportation access at affordable housing

Historically high housing and fuel prices have made access to public transportation an increasingly important piece to developing much-needed affordable housing. 

Sunday, 05 December 2021 16:45

New tools emerge to aid in affordable housing development

The lack of affordable housing has been a highly discussed topic at the local and state levels this past year as the COVID-19 pandemic exacerbated an already tight market.

Wednesday, 01 December 2021 14:02

New owner eyes more affordable housing units after purchasing 234 Market for $50M

GRAND RAPIDS — A mixed-use building with 235 market-rate apartments in downtown Grand Rapids was recently sold for more than $50.7 million, and the buyer hopes to make at least dozens of units more affordable. 

Sunday, 25 April 2021 13:38

City, Grand Rapids Community Foundation partner to grow housing fund

GRAND RAPIDS — The city of Grand Rapids is partnering with the Grand Rapids Community Foundation on what has been a years-long process of creating a fund to increase the amount of affordable housing.

Published in Nonprofits
Sunday, 22 November 2020 19:10

Land banks increase focus on affordable housing developments

Land banks are emerging as an important resource to help fill the affordable housing shortage communities are facing in West Michigan and across the state.

Sunday, 25 October 2020 18:20

West Michigan cities weigh policy changes to bolster affordable housing

West Michigan cities are examining new policies to expand affordable housing and create a supportive environment for developers as studies show an ongoing need for more units.

Thursday, 17 September 2020 15:14

10-unit, $2.6 million GR housing development ‘still moving forward’

GRAND RAPIDS — The Grand Rapids City Commission has approved a brownfield tax incentive plan for a 10-unit apartment project in the city’s East Hills neighborhood.

Sunday, 13 September 2020 17:51

GR nonprofits seek land bank properties, state legislation to grow affordable housing stock

GRAND RAPIDS — Local housing nonprofits are beginning to vet dozens of vacant properties made available through the state’s Land Bank Authority in an effort to fill the city’s need for affordable housing.

Monday, 31 August 2020 16:16

Housing nonprofits able to purchase, develop affordable housing on vacant GR properties

GRAND RAPIDS — Nonprofit housing organizations will now have the ability to purchase and redevelop up to 60 different foreclosed properties for affordable housing projects.

Published in Nonprofits

Thursday, 23 July 2020 10:05

Study: Grand Rapids needs nearly 9,000 more housing units by 2025

GRAND RAPIDS — The city of Grand Rapids needs to add nearly 9,000 housing units over the next five years to satisfy high market demand, according to a housing needs assessment prepared for city officials. 

Sunday, 01 September 2019 13:16

New fund aims to spur affordable housing development in Holland

HOLLAND — A new fund aims to cover pre-development costs to incentivize developers to add affordable housing in the Holland and Zeeland areas, MiBiz has learned.

Sunday, 04 August 2019 19:26

Communities examining effect of single-family zoning on housing issues look to GR example

As communities nationwide begin to examine the effects of single-family zoning on the density and affordability of housing, Grand Rapids has emerged as an example of how cities can function in the absence of those regulations.

Sunday, 23 December 2018 18:27

Crystal Ball 2019 Outlook Q&A: Ryan Kilpatrick, Housing Next

For Housing Next Executive Director Ryan Kilpatrick, 2018 has been about laying the groundwork to get more affordable housing online in Ottawa County. Next year is “where the rubber hits the road,” when more than 600 new housing units will come online, with more yet in the pipeline, Kilpatrick said. Since January, Kilpatrick has worked with multiple municipalities to increase the amount of affordable housing in the county. He expects more tangible results to emerge in 2019.