Michigan Business Beat | Doug Fleming, Lansing Housing Commission, Two New Housing Developments

Chris Holman welcomes Doug Fleming, Executive Director, Lansing Housing Commission, Lansing, MI. Chris Holman interviews Doug Fleming, Executive Director of the Lansing Housing Commission, about two major new housing developments on Grand Avenue in Lansing: Riverview 220, a mixed-use building with 56 affordable units and 7 market-rate units supported by federal tax credits, and Grand Vista Place, an all-affordable development — both targeting residents at around 60% of Area Median Income. Fleming highlights the severity of Lansing's housing shortage, with rental vacancy rates at just 2–2.5%, roughly half of what a healthy market requires, and notes that stable, affordable housing is foundational to addressing broader economic and social challenges for residents. The Commission has invested over $114 million in housing across the city over the past five years, including renovations to approximately 550 existing units and state-of-the-art security upgrades. Looking ahead, Fleming outlined plans to continue building affordable housing, explore single-family home renovations for sale to lower-income buyers, and seek land and buildings to purchase and develop to meet the region's ongoing demand. » Visit MBN website: www.michiganbusinessnetwork.com/ » Subscribe to MBN’s YouTube: www.youtube.com/@MichiganbusinessnetworkMBN » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/