Housing: other; housing and community development fund; modify. Amends secs. 58, 58b & 58c of 1966 PA 346 (MCL 125.1458 et seq.).
Key claim: SB0278 proposes amendments to Michigan’s Housing and Community Development Fund provisions under 1966 PA 346 to modify existing fund structures.
Abstract
(SB0278 · 103rd Legislature) Housing: other; housing and community development fund; modify. Amends secs. 58, 58b & 58c of 1966 PA 346 (MCL 125.1458 et seq.). Latest action (2026-06-24): Referred To Committee On Regulatory Reform
Why this matters
The Housing and Community Development Fund is Michigan’s primary state-level vehicle for financing affordable housing and community development activities, so amendments to its governing sections in 1966 PA 346 can change how funds are allocated, eligible uses, or administration. SB0278 covers a broader set of sections (58, 58b, 58c) than the parallel House measure HB4540, suggesting the Senate is advancing a wider restructuring of the fund. Impacts would fall on housing developers, local governments, and low-income tenants who depend on fund-supported projects.