What is Michigan's Housing and
Community Development Fund (MHCDF)?

We’ve all heard the news. We can’t escape it. We live in Michigan. Every one of us has felt the impact of our state’s economic struggle — and we will continue to feel it if more jobs and workers leave our state. The answer as to why people are leaving is as complex as the solution, but one thing is very certain: progress is made in our state when we focus on housing and economic development. Living in Michigan means investing in Michigan.

MHCDF is a program that helps Michigan cities and communities to compete for, attract and retain the brightest and best workers in the country. The program concentrates efforts in downtowns, neighborhoods, affordable housing and supportive housing.

In the 2008 budget the legislature gave the fund its first allocation – 2.2 million dollars. The goal of the coalition is to grow the annual funding number. Why? Because each dollar invested will bring more money and jobs to our economy - $2.8 for every dollar spent. And, by furthering our goals to create a vibrant Michigan, we attract companies and people. It's just common sense–when you keep up neighborhoods and housing–you have a place that people want to be.