Michigan proposes a bill to cap rent increases and maintain affordable housing.

Michigan proposes a new bill to cap rent increases & help maintain affordable housing, mirroring legislation in CA, MD, NJ, NY, MN, OR, and DC. This comes as Kalamazoo rent has risen by 45% since the pandemic, leading to renters dedicating half of their income to housing. The bill must pass through various stages of approval before becoming law. If passed, it aims to preserve Michigan's affordability and prevent a housing crisis similar to NY & CA.