GRAND RAPIDS, Mich. (WOOD) — It could possibly be one of many extra delicate balancing acts the Grand Rapids Metropolis Fee will enter into: Creating and defending reasonably priced housing for residents whereas sustaining the financial progress so many metropolis neighborhoods have skilled in recent times.
Metropolis officers consider a number of the solutions are present in a brand new expansive effort generally known as “Housing Now.”
>>PDF: Housing Now proposal for Grand Rapids
“This is likely one of the largest our bodies of labor to be undertaken by metropolis employees in a very long time,” Metropolis Supervisor Greg Sundstrom informed metropolis fee throughout their session Tuesday morning.
The eleven-level program requires quite a few modifications to each metropolis coverage and metropolis ordinances.
For instance, the town’s present home-owner help program offers first-time house consumers as much as $5,000 for his or her down cost. Underneath the brand new proposal, that would improve to $7,000, and eligibility might broaden to multifamily housing models and anybody who has not owned a house prior to now three years.
A 30 member advisory board started engaged on housing proposals within the spring of 2016. Metropolis employees has been sorting by way of these concepts, and placing them into the general Housing Now plan.
Commissioners didn’t take motion on any of the suggestions. A workshop to debate the plan is about for Nov. 28.