HB 5667 - Neighborhood Enhancement Act

• Establishes framework for Michigan cities and villages to create neighborhood enhancement districts with special assessment authority to fund local improvements and activities.

• Allows district creation by governing body resolution or petition from property owners holding 51% of assessable property, with public hearing requirement and 30% objection threshold to prevent formation.

• Permits districts to undertake projects including park acquisition, street/sidewalk improvements, streetlighting, demolition of blighted structures, enhanced security/code enforcement, landscaping, recreational programs, broadband services, and promotional activities.

• Authorizes special assessments on benefited properties (7-year maximum for operating costs, useful life for capital improvements) with interest rates up to 8% annually and allows cities to issue bonds or create revolving funds to advance capital costs.

• Requires district advisory boards of 5-9 members, approval of written district plans by governing body, and annual financial reporting on activities, collections, and expenditures.