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The Rate Relief Mortgage program offers first time home buyers loans at one-percent below the market rate.
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A report by the University of Michigan and Michigan State Housing Development Authority says housing costs are outstripping many Michigan residents' incomes.
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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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One of more than a dozen low-income housing projects is receiving a state tax credit.
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The Michigan State Housing Development Authority has put together an advisory council of housing organizations. The group will work to create the state’s…