
The Grand Rapids City Commission recently approved a $565 million subsidy for a riverfront development project, although some residents say the project will not produce enough affordable housing.
This funding comes through a Transformational Brownfield Plan, which allows part of the taxes generated by the project to be reimbursed to the developer. Lan Deng, professor of urban and regional planning at Taubman College and co-founder of the Collective for Equitable Housing (CEH), joined Stateside to explain the project’s funding structure and how Michigan’s tax break requirements for such development compare to other states given the “severe affordable housing crisis” facing the nation.
Deng’s interview starts at 12:54 on Stateside’s February 10 program. Stateside is a daily podcast of Michigan Public, an NPR station.