State Rep. John Fitzgerald (D-Wyoming) speaks on the House floor in the Michigan Capitol Building on Dec. 13, 2024, in Lansing.
WYOMING, Mich., Feb. 7, 2025 — The Michigan State Housing Development Authority (MSHDA) has awarded almost $1.7 million in tax credits to the Shea Ravines II development located in Wyoming. The funding is a Low Income Housing Tax Credit award intended to finance the construction and preservation of affordable housing structures. The Shea Ravines II development will offer 56 affordable one- and two-bedroom units, opening doors for Kent County residents who earn 30-80% of the area median income to access housing.
“Everyone deserves a safe, stable place to call home. Helping to build more housing units at all price points is crucial to solve the housing crisis in our state,” said Democratic Floor Leader John Fitzgerald (D-Wyoming). “This tax credit will provide meaningful relief for many hardworking families in Wyoming.”
The Shea Ravines II development intends to request 20 project-based vouchers from MSHDA to support its permanent low-income housing units. The project is expected to bring 2 permanent and 62 temporary jobs to Kent County.
“More than ever before, we need to empower developers, builders and community organizations to creatively address the housing demand in our state,” Fitzgerald continued. “I am grateful for MSHDA recognizing the value of investing in affordable housing and creating jobs in our community. I am committed to uplifting and supporting projects that help people find and maintain stable housing, especially those facing housing insecurity.”
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