Kent County Housing Snags Millions In American Rescue Plan Funds

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Kent County housing is in line for almost $20 million by way of American Rescue Plan funds. The Kent County Revolving Housing Fund will receive $17.3 million, and an additional $500,000 is allotted to Housing Kent for the Kent County Equitable Housing Initiative. The funds represent one of the most significant investments in affordable housing by West Michigan local government. The funds will support new and rehabilitation projects with lower interest rates, allowing the community to leverage $3.30 for every dollar invested. The Kent County Equitable Housing Initiative will help with changes to local zoning.