LANSING, Mich. — 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 to 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.
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