Michigan State Housing Development Authority

05/06/2024 | Press release | Distributed by Public on 05/06/2024 10:08

State Leaders Celebrate Innovative State Backed Pocket Neighborhood in Eaton Rapids

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State Leaders Celebrate Innovative State-Backed Pocket Neighborhood in Eaton Rapids

$110M Missing Middle Housing Program supporting solutions to housing crisis, making communities better

EATON RAPIDS, Mich. - State leaders gathered in a mid-Michigan neighborhood today for a tour and celebration of 10 new rental homes supported by the Missing Middle Housing Program. In response to the federal funding provided by President Joe Biden's American Rescue Plan Act, Governor Gretchen Whitmer signed the Building Michigan Together Plan in 2022, a bipartisan plan that used one-time resources to make long-term strategic investments to improve the lives of Michiganders.

Eaton Village received funding for 10 new single-family rental homes through the Missing Middle Housing Program, administered by the Michigan State Housing Development Authority (MSHDA). The grant provided $800,000 in support of a total construction investment of $2,160,000.

"The state is committed to focusing our resources on innovative projects that find cost savings and support the quality new homes that Michigan families need," said Amy Hovey, Chief Executive Officer and Executive Director of MSHDA. "We will continue to move quickly to find solutions for more of our neighbors."

"Today marks a significant step forward in our ongoing efforts to address Michigan's housing crisis. Eaton Village will stand as an example of the innovative solutions we're championing across the state through programs like the Missing Middle Housing Program," said State Rep. Angela Witwer (Delta Township). "By investing in projects that will create quality, attainable housing for working families, we're not just building homes - we're building stronger communities and a brighter future for all Michiganders. I truly can't wait to see the successes pioneered in Eaton Village repeated across our state."

"Eaton Village will provide quality homes at an affordable rent for middle-class families in Eaton Rapids," said Brent Forsberg, President of TA Forsberg Inc. "Even better, we're going to take this model on the road, and replicate this neighborhood in communities all over the state."

The Missing Middle Housing Program is a $110 million fund providing gap financing to housing projects for middle-class Michiganders, providing quality housing that's attainable in communities all over the state. This fund has been fully awarded by the Michigan State Housing Development Authority (MSHDA) but has already created hundreds of new units and will ultimately add more than a thousand new homes to our statewide housing stock.

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About MSHDA
TheMichigan State Housing Development Authority (MSHDA), established in 1966, provides financial and technical assistance through public and private partnerships to create and preserve safe and decent affordable housing, engage in community economic development activities, develop vibrant cities, towns and villages, and address homeless issues.