The city of Lansing is at odds with a proposed new housing development project that will create affordable housing for some families. Over the past two years, there has been a building, located at 1113 N. Washington Ave, that has been waiting to be turned in to a new low-income housing development. There has been a standstill because of the fact that council members feel that there might be some discrimination within the regulations for this housing project. The head of the project, Dr. Sam Saboury, has been trying to find ways to get the project underway. In March, the Lansing City Council rejected Saboury’s request for a 4 percent Payment in Lieu of Taxes, or PILOT, which would have enhanced the prospect of securing the tax credit and being able to start the development.
By SIERRA RESOVSKY
Capital News Service
LANSING – Real estate experts across the state say the cost of renting a home is rising and the trend toward higher rent will only continue. Recent economic turmoil has raised barriers when it comes to owning a home, sparking a surge in the rental market across the country. But what happens when wages and income level don’t line up with the rising cost of rent? According to the National Low Income Housing Coalition in Washington, D.C., one in four renters pays half of his or her income in rent. In St.
By LACEE SHEPARD
Capital News Service
LANSING – Recent reports show many workers in the tourism industry nationally are struggling to live in the cities where they work, but not those in Michigan. A Center for Housing Policy report said employees aren’t able to afford homes or rent in the country’s top metro areas such as Honolulu or Santa Ana. Among them are housekeeper and wait staff, who often couldn’t afford fair market rent for a two-bedroom apartment. The report said Michigan wait staff could afford rent and median-priced homes. Janet Viveiros, research associate at the National Housing Conference in Washington D.C. and co-creator of the Paycheck to Paycheck 2013 report, said the statistics are based on a lot of medians that exclude those don’t fall in the average – warning that looks may be deceiving.