Housing: other; housing and community development fund; modify. Amends secs. 58, 58b & 58c of 1966 PA 346 (MCL 125.1458 et seq.).

Added new definitions for 'downtown area' (requiring 20+ contiguous commercial properties and mixed-use buildings) and 'adjacent neighborhood' (residential areas near downtowns).

Added 'middle income households' (up to 120% of area median income) as an eligible category for funding alongside low, very low, and extremely low income households.

Modified the set-aside requirement for assisted housing projects, changing the threshold to require at least 20% of units be reserved for households earning no more than 60% of the area median income.

Added a requirement for the authority to hold public hearings in at least three separate locations before developing the biennial allocation plan.

Added a requirement for the authority to publish an annual report on its website detailing expenditures, units produced, income levels served, and the number of downtown areas and adjacent neighborhoods receiving financing.

Added a requirement for the authority to consider advice from the Statewide Housing Partnership Council or create an alternative advisory council if the council is dissolved.

Modified the allocation plan requirements to include a formula based on poverty, economic distress, disabilities, and accessible housing units, and to consider funds from other sources.

Added a new earmark requiring that not less than 30% of the fund be used for projects targeting extremely low income households, including homeless, supportive, transitional, and permanent housing.