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MI SB1211
Bill
AI Summary
SB 1211 Summary
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Appropriates $387,850,000 in supplemental funds for fiscal year ending September 30, 2023, directed to the Department of Labor and Economic Opportunity
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Allocates $374,350,000 in one-time appropriations including $100,000,000 for missing middle housing gap program, $92,850,000 for Michigan enhancement grants, and $75,000,000 for community development financial institution fund grants
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Establishes Michigan business fast track program with $40,000,000 to provide businesses comprehensive services including employee training, recruitment assistance, IT services, and disability accommodation support
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Creates missing middle housing gap program administered by Michigan state housing development authority to provide grants up to $40,000-$50,000 per housing unit for developers building attainable housing for households earning 185-300% of federal poverty level
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Directs Michigan enhancement grants totaling $92,850,000 to specific organizations and municipalities for workforce development, infrastructure improvements, affordable housing, youth programs, and community revitalization projects
Legislative Description
Appropriations: supplemental; multidepartment supplemental appropriations; provide for. Creates appropriation act.
Economic development: economic development corporations
Last Action
Referred To Committee On Appropriations
11/10/2022