Keeping it Real
A blog by HomeMe
Bridging the Gap: Advancing Equity and Racial Justice in Housing
In Michigan, the dream of homeownership and the stability it brings is not equally accessible to all its residents. Stark disparities in homeownership rates—a key indicator of economic stability and generational wealth—paint a clear picture of racial inequity within the state’s housing market.
Preventing and Ending Homelessness: Strategies and Successes in Michigan
Homelessness is one of the most urgent social issues facing Michigan today, with nearly 38,247 residents experiencing homelessness. Alarmingly, 48% of these individuals identify as Black, highlighting not just a crisis of housing but also of racial equity.
Strengthening Michigan’s Housing Ecosystem: A Collaborative Approach
Michigan’s housing ecosystem is an interconnected web of agencies, organizations, and systems that work in tandem to support the diverse housing needs of its residents. With nearly half of the state’s housing stock built before 1970, there are significant challenges in updating and expanding homes to suit modern needs and sustainability standards.
Aging with Dignity – Expanding Housing Options for Older Adults in Michigan
As Michigan experiences a demographic shift with a significant increase in its population aged 65 and older, the demand for housing that accommodates the unique needs of older adults has become more pressing. This growing segment of the community faces distinct challenges in finding housing that supports their changing lifestyles, physical capabilities, and financial situations.
The State of Rental Housing in Michigan
Rental housing forms a critical pillar of Michigan’s housing market, providing homes for a significant portion of the state’s population. However, with 48% of renters spending more than the recommended 30% of their income on housing, there are clear challenges related to affordability, quality, and stability in the rental market. This blog delves into these issues and highlights state-led initiatives designed to alleviate these burdens and improve the overall quality of rental housing.
Boosting Homeownership in Michigan – Strategies for Success
Homeownership is a cornerstone of the American dream, offering a path to financial stability and the opportunity to build generational wealth. However, in Michigan, significant disparities in homeownership rates persist across different demographic groups, reflecting broader national trends. Recognizing the transformative power of homeownership, Michigan has embarked on a mission to make this goal more accessible and equitable for all its residents.