Michigan State Housing Development Authority

"The connection is simple: when housing supply is limited, costs rise and income gains are diluted. When supply expands, workers keep more of what they earn and businesses have room to grow.

Michigan has momentum, but not yet at the scale this challenge demands. The priority now is ex*****on: faster approvals, clearer rules and coordinated investment across sectors. Progress should be measured in homes delivered and time saved, not just dollars committed."

Michigan is facing a serious housing shortage that is driving up costs, limiting economic growth, and creating barriers for families and employers alike. MSHDA CEO & Executive Director Amy Hovey examines how aligning resources and collaborative policy efforts to help expand housing production is critical to sustaining Michigan’s economic vitality, supporting residents, and workforce development.

Read more in Crain's Detroit Business:

Michigan housing gap tightens for workers and businesses statewide Michigan faces a severe housing shortage driving up costs, limiting growth and squeezing workers, as leaders push faster building and policy reforms.