Housing: other; housing and community development fund; modify. Amends secs. 58 & 58b of 1966 PA 346 (MCL 125.1458 & 125.1458b). TIE BAR WITH: HB 4540’25
Key claim: Michigan HB 4539 amends the 1966 Housing Development Authority Act to modify provisions governing the housing and community development fund.
Abstract
(HB4539 · 103rd Legislature) Housing: other; housing and community development fund; modify. Amends secs. 58 & 58b of 1966 PA 346 (MCL 125.1458 & 125.1458b). TIE BAR WITH: HB 4540’25 Latest action (2026-07-01): Referred To Committee Of The Whole
Why this matters
The Housing and Community Development Fund is a longstanding MSHDA mechanism for financing affordable housing and neighborhood investment, so amendments to secs. 58 & 58b of 1966 PA 346 can shift how state resources flow to developers, local governments, and low-income residents. Because HB 4539 is tie-barred to HB 4540, the two bills operate as a package and neither takes effect without the other. Tracking the specific statutory changes matters for gauging whether Michigan is expanding, restructuring, or narrowing this funding channel alongside its parallel housing tax-credit efforts.