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The Northern Michigan Chamber Alliance put on the conference, which also featured panels with regional state representatives and candidates running for U.S. Senate.
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The Home Heating Credit is to help low-income families pay some of their heating expenses.
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In a number of Michigan cities including Detroit, Ann Arbor, and Grand Rapids, more than one in four renters are spending at least half their income on rent.
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The state is investing in three affordable housing projects. Two of them are in west Michigan.
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The six-month freeze is the latest in a series of actions by local governments across the northwest region grappling with an affordable housing crisis.
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The funds will go toward providing the non-profit Housing North with administrative staff to help local governments navigate zoning reforms, among other solutions, to create more affordable housing in the region.
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The non-profit organization Housing North requested the funds to expanding it's "Housing Ready" program across ten northwest Michigan counties.
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The Michigan State Housing Development Authority has approved funding for four affordable housing projects. One addresses construction cost increases in Grand Rapids.
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The housing crunch has become so bad in northern Michigan, more companies are subsidizing housing for their employees.
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The City Commission authorized the first deposit of $957,365.78 to the City of Grand Rapids Affordable Housing Fund, marking the first major deposit since the fund was established to address racial and ethnic disparities in housing in Grand Rapids.