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Michigan Statutes, Title 125

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Title 125, PLANNING, HOUSING, AND ZONING

110 chapters · 1,399 sections in this title.

All chapters in Title 1251,399 Ch 57-of-2018, RECODIFIED TAX INCREMENT FINANCING ACT186 Ch 346-of-1966, STATE HOUSING DEVELOPMENT AUTHORITY …151 Ch 270-of-1984, MICHIGAN STRATEGIC FUND ACT132 Ch 167-of-1917, HOUSING LAW OF MICHIGAN65 Ch 96-of-1987, THE MOBILE HOME COMMISSION ACT59 Ch 110-of-2006, MICHIGAN ZONING ENABLING ACT51 Ch 230-of-1972, STILLE-DEROSSETT-HALE SINGLE STATE C…51 Ch 18-of-1933 (Ex. Sess.), HOUSING FACILITIES50 Ch 338-of-1974, ECONOMIC DEVELOPMENT CORPORATIONS ACT40 Ch 173-of-1992, LAND RECLAMATION AND IMPROVEMENT AUT…38 Ch 33-of-2008, MICHIGAN PLANNING ENABLING ACT32 Ch 224-of-1985, ENTERPRISE ZONE ACT30 Ch 381-of-1996, BROWNFIELD REDEVELOPMENT FINANCING ACT29 Ch 250-of-1941, URBAN REDEVELOPMENT CORPORATIONS LAW25

151 sections·Filtered byTitle 125✕Ch 346-of-1966✕

Mich. Comp. Laws § 125.1456 Low and moderate income housing; financing for small scale housing developments.
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Sec. 56. In special circumstances where the authority deems it appropriate in order to accomplish the purposes of this act, the authority may provide the necessary financing for small scale housing developments built primarily for low income families and individuals eligible for …
Mich. Comp. Laws § 125.1457 Appropriation.
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Sec. 57. There is hereby appropriated $5,000.00 from the general fund for the fiscal year ending June 30, 1967 for the administration of this act.
Mich. Comp. Laws § 125.1458 Definitions.
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Sec. 58. (1) The definitions in section 11 apply to this chapter unless otherwise provided in this chapter. (2) As used in this chapter: (a) "Adjacent neighborhood" means a residential area as determined by the authority immediately adjoining or near a downtown area within the sa…
Mich. Comp. Laws § 125.1458a Michigan housing and community development fund; creation; administration; credit of amounts and earnings from investments; availability of money for disbursement; money in fund at end of fiscal year.
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Sec. 58a. (1) The Michigan housing and community development fund is created as a separate fund in the authority. (2) The fund shall be administered by the authority, and money in the fund shall be expended only as provided in this act. (3) The authority shall credit to the fund …

Mich. Comp. Laws § 125.1458b Michigan housing and community development program; creation and implementation; purpose; availability of financing to eligible applicants; biennial allocation plan; public hearings; annual report; rules.

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Sec. 58b. (1) The authority shall create and implement the Michigan housing and community development program for the purpose of developing and coordinating public and private resources to meet the housing needs of low income, very low income, and extremely low income households …

Mich. Comp. Laws § 125.1458c Expenditures; purposes.

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Sec. 58c. (1) The authority shall expend money in the fund to make grants, mortgage loans, or other loans to eligible applicants as provided in this section to enable eligible applicants to finance any of the following with respect to housing or home ownership for low income, ver…

Mich. Comp. Laws § 125.1458d Housing assistance; conditions.

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Sec. 58d. The authority shall not provide assistance for housing under this chapter unless both of the following circumstances exist: (a) If the housing is multifamily housing, the owner or manager agrees in writing not to evict a tenant without just cause, as defined in section …

Mich. Comp. Laws § 125.1458e Michigan housing and community development fund advisory committee; creation; membership; terms; vacancy; compensation; expenses; chairperson; vice-chairperson; scope of advice; space, supplies, and staff; public meetings; quorum; majority vote; information used for personal gain prohibited; adoption of code of ethics.

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Sec. 58e. (1) The Michigan housing and community development fund advisory committee is created in the authority. The committee shall have 10 members. Members of the committee shall include the executive director of the authority, who shall serve as a nonvoting ex officio member,…

Mich. Comp. Laws § 125.1458f Rights of holders of authority bonds or notes; construction of chapter as to status of money controlled by authority.

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Sec. 58f. (1) When performing duties under this chapter, the authority and the committee created under section 58e shall remain cognizant of the rights of the holders of authority bonds or notes and the extent to which certain authority bond and note contracts may require the aut…

Mich. Comp. Laws § 125.1459 Definitions.

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Sec. 59. (1) The definitions in section 11 apply to this chapter unless otherwise provided in this chapter. (2) As used in this chapter: (a) "Area median income" means the median income for the area as determined under section 8 of the United States housing act of 1937, 42 USC 14…

Mich. Comp. Laws § 125.1459a Supportive housing property; filing in affidavit form; certification by authority; filing of certified notification of exemption with local assessing officer; certification on first-come, first-served basis; limitation.

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Sec. 59a. The owner of supportive housing property shall file with the local assessing officer a notification of that status, which shall be in an affidavit form as provided by the authority. The completed affidavit form first shall be submitted to the authority before November 1…

Mich. Comp. Laws § 125.1461 Nonprofit housing corporations; incorporation.

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Sec. 61. Nonprofit housing corporations shall be incorporated pursuant to the provisions of this chapter and the nonprofit corporation act, Act No. 162 of the Public Acts of 1982, being sections 450.2101 to 450.3192 of the Michigan Compiled Laws.

Mich. Comp. Laws § 125.1462 Qualified nonprofit housing corporations; corporate name.

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Sec. 62. The term "nonprofit housing corporation" or "nonprofit housing company" shall be included as a part of the corporate name as set forth in the certificate of incorporation.

Mich. Comp. Laws § 125.1463 Nonprofit housing corporation; articles of incorporation.

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Sec. 63. In addition to other requirements of law, the articles of incorporation of a nonprofit housing corporation shall provide all of the following: (a) That the corporation has been organized exclusively to provide housing facilities for any 1 or more of the following classes…

Mich. Comp. Laws § 125.1464 Directors, additional, power of authority.

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Sec. 64. The articles shall provide that the authority shall have the power to appoint to the board of directors of the corporation a number of new directors, which number shall be sufficient to constitute a majority of the board, notwithstanding any other provisions of the artic…

Mich. Comp. Laws § 125.1465 Articles of incorporation; filing, approval.

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Sec. 65. The department of the treasury, corporation division, shall not file the articles of incorporation of the corporation unless the consent or approval of the authority is attached or affixed thereto.

Mich. Comp. Laws § 125.1471 Consumer housing cooperatives; incorporation.

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Sec. 71. Consumer housing cooperatives shall be incorporated pursuant to the provisions of the Michigan general corporation act and the provisions of this chapter.

Mich. Comp. Laws § 125.1472 “Consumer housing cooperative” as part of corporate name; exception.

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Sec. 72. (1) Except as provided in subsection (2), the term "consumer housing cooperative" shall be included as a part of the corporate name as set forth in the certificate of incorporation. (2) This section shall not apply to a corporation organized before March 10, 1967, as a n…

Mich. Comp. Laws § 125.1473 Consumer housing cooperative; articles of incorporation.

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Sec. 73. In addition to other requirements of law, the articles of incorporation of a consumer housing cooperative shall provide all of the following: (a) That the consumer housing cooperative has been organized exclusively to provide authority-aided housing facilities for person…

Mich. Comp. Laws § 125.1474 Appointment of directors sufficient in number to constitute majority of board; conditions; exception.

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Sec. 74. (1) Except as provided in subsection (2), the articles shall provide that the authority shall have the power to appoint to the board of directors of the consumer housing cooperative a number of new directors, which number shall be sufficient to constitute a majority of t…

Mich. Comp. Laws § 125.1475 Articles of incorporation; filing, approval of authority.

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Sec. 75. The department of the treasury, corporation division, shall not file the articles of incorporation of the consumer housing cooperative unless the consent or approval of the authority is attached or affixed thereto.

Mich. Comp. Laws § 125.1481 Limited dividend housing corporations; incorporation.

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Sec. 81. Limited dividend housing corporations shall be incorporated or qualified pursuant to the provisions of the general corporation act and this chapter.

Mich. Comp. Laws § 125.1482 Corporate name.

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Sec. 82. The term "limited dividend housing corporation" shall be included as a part of the corporate name as set forth in the certificate of incorporation or certificate of authority.

Mich. Comp. Laws § 125.1483 Limited dividend housing corporation; articles of incorporation.

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Sec. 83. In addition to other requirements of law, the articles of incorporation of any limited dividend housing corporation shall provide all of the following: (a) That the limited dividend housing corporation has been organized exclusively to provide housing facilities for pers…

Mich. Comp. Laws § 125.1484 Surplus; definition.

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Sec. 84. As used in this chapter, the term "surplus" shall not be deemed to include any increase in assets of any limited dividend housing corporation organized in accordance with the provisions of this chapter, by reason of reduction of mortgage, by amortization or similar payme…

Mich. Comp. Laws § 125.1485 Directors, additional, power of authority.

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Sec. 85. The articles shall provide that the authority shall have the power to appoint to the board of directors of the limited dividend housing corporation a number of new directors, which number shall be sufficient to constitute a majority of the board, notwithstanding any othe…

Mich. Comp. Laws § 125.1486 Articles of incorporation; filing, approval.

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Sec. 86. The department of the treasury, corporation division, shall not accept the articles of incorporation of the limited dividend housing corporation unless the consent or approval of the authority is attached or affixed thereto.

Mich. Comp. Laws § 125.1491 Limited dividend housing association; approval; membership.

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Sec. 91. Limited dividend housing association includes general or limited partnerships, limited liability companies, joint ventures, or trusts, as any such entities shall be approved by resolution of the authority. Members of a limited dividend housing association shall include e…

Mich. Comp. Laws § 125.1492 Association name.

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Sec. 92. The term "limited dividend housing association" shall be included as part of the name of any limited dividend housing association.

Mich. Comp. Laws § 125.1493 Limited dividend housing association; provisions of partnership agreement, joint venture agreement, trust agreement, or other document of basic organization.

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Sec. 93. In addition to other requirements of law, the partnership agreement, joint venture agreement, trust agreement, or other document of basic organization of the limited dividend housing association shall provide all of the following: (a) That the limited dividend housing as…

Mich. Comp. Laws § 125.1494 Surplus; definition.

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Sec. 94. As used in this chapter, the term "surplus" shall not be deemed to include any increase in assets of any limited dividend housing association organized in accordance with the provisions of this chapter, by reason of reduction of mortgage, by amortization or similar payme…

Mich. Comp. Laws § 125.1495 Managing agent; power of authority.

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Sec. 95. The partnership agreement, joint venture agreement, trust agreement or other document of basic organization, as the case may be, shall provide that the authority shall have the power to appoint a managing agent of the limited dividend housing association and its members,…

Mich. Comp. Laws § 125.1496 Basic organization document; approval.

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Sec. 96. Before any limited dividend housing association can receive any benefits as a result of qualifying under this act, the authority must approve the terms of the partnership agreement, joint venture agreement, trust agreement or other document of basic organization.

Mich. Comp. Laws § 125.1497 Applicability of chapter to mobile home park corporations.

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Sec. 97. This chapter shall apply to mobile home park corporations receiving benefits under this act.

Mich. Comp. Laws § 125.1497a Mobile home park corporation; incorporation and qualification requirements.

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Sec. 97a. A mobile home park corporation shall be incorporated and qualified pursuant to the provisions of the corporation laws of this state and this chapter.

Mich. Comp. Laws § 125.1497b Corporate name.

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Sec. 97b. The term "mobile home park corporation" shall be included as part of the corporate name set forth in the certificate of incorporation or certificate of authority.

Mich. Comp. Laws § 125.1497c Mobile home park corporation; articles of incorporation.

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Sec. 97c. In addition to other requirements of law, the articles of incorporation of any mobile home park corporation shall provide all of the following: (a) That the mobile home park corporation has been organized exclusively to provide housing facilities for persons of low and …

Mich. Comp. Laws § 125.1497d Articles of incorporation; appointment of new directors to board of directors; majority; conditions.

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Sec. 97d. The articles of incorporation shall provide that the authority may appoint to the board of directors of the mobile home park corporation a number of new directors, which number shall be sufficient to constitute a majority of the board, notwithstanding any other provisio…

Mich. Comp. Laws § 125.1497e Articles of incorporation; approval of terms.

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Sec. 97e. Before any mobile home park corporation can receive any benefits under this act, the authority must approve the terms of the articles of incorporation.

Mich. Comp. Laws § 125.1497f “Surplus” construed.

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Sec. 97f. As used in this chapter, the term "surplus" shall not be deemed to include any increase in assets of any mobile home park corporation organized in accordance with the provisions of this chapter, by reason of reduction of mortgage, by amortization or similar payments, or…

Mich. Comp. Laws § 125.1498 Applicability of chapter to mobile home park associations.

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Sec. 98. This chapter shall apply to mobile home park associations receiving benefits under this act.

Mich. Comp. Laws § 125.1498a Mobile home park association; included entities; approval; membership.

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Sec. 98a. A mobile home park association includes general or limited partnerships, limited liability companies, joint ventures, or trusts, as any such entities may be approved by resolution of the authority. Members of a mobile home park association shall include each and all per…

Mich. Comp. Laws § 125.1498b Mobile home park association name.

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Sec. 98b. The term "mobile home park association" shall be included as part of the name of any mobile home park association.

Mich. Comp. Laws § 125.1498c Mobile home park association; provisions of partnership agreement, joint venture agreement, trust agreement, or other document of basic organization.

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Sec. 98c. In addition to other requirements of law, the partnership agreement, joint venture agreement, trust agreement, or other document of basic organization of the mobile home park association shall provide all of the following: (a) That the mobile home park association has b…

Mich. Comp. Laws § 125.1498d Document of basic organization; managing agent; appointment; powers; conditions.

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Sec. 98d. The partnership agreement, joint venture agreement, trust agreement, or other document of basic organization shall provide that the authority may appoint a managing agent of the mobile home park association and its members, who may be an officer, employee, or agent of t…

Mich. Comp. Laws § 125.1498e Document of basic organization; approval of terms.

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Sec. 98e. Before any mobile home park association can receive any benefits as a result of qualifying under this act, the authority must approve the terms of the partnership agreement, joint venture agreement, trust agreement, or other document of basic organization.

Mich. Comp. Laws § 125.1498f “Surplus” construed.

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Sec. 98f. As used in this chapter, the term "surplus" shall not be deemed to include any increase in assets of any mobile home park association organized in accordance with the provisions of this chapter, by reason of reduction of mortgage, by amortization or similar payments, or…

Mich. Comp. Laws § 125.1499 Mutual housing association generally.

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Sec. 99. A mutual housing association shall be a nonprofit corporation or cooperative corporation incorporated pursuant to the laws of this state or authorized to transact business in this state that operates in accordance with this chapter.

Mich. Comp. Laws § 125.1499a Mutual housing association; corporate name.

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Sec. 99a. The term "cooperative" or "mutual housing association" shall be included as a part of the corporate name as set forth in the certificate of incorporation of a mutual housing association.

Mich. Comp. Laws § 125.1499b Mutual housing association; requirements.

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Sec. 99b. A mutual housing association shall meet all of the following requirements: (a) At least 75% of its voting members or shareholders shall be residents of housing owned or operated by it. (b) A major purpose of the mutual housing association shall be to provide high qualit…