New Study Shines Spotlight On Need for Affordable Housing in Northern Michigan
A study is shining a spotlight on the need for affordable housing in northern Michigan.
Networks Northwest, Housing North and a real estate analysis firm looked at housing in 10 counties in our area.
They found that the region needs almost 11,000 new rental units and 4,600 new ownership units by next year.
The study points out that not all of these units need to be built.
They suggest current buildings can be turned into multi-family homes.
The analysis also found that 83% of people polled in the study were looking for rent priced at $800 a month or less.