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Non-profit plans to secure 177 houses to keep home ownership in Grand Rapids affordable

Jun 29, 2017

A Grand Rapids non-profit group is hoping to boost the inventory of affordable housing in West and Mid-Michigan.

The Inner City Christian Federation is working to secure 177 houses in the Grand Rapids and Lansing areas.

CEO Ryan VerWys said the price of homes in Grand Rapids is going up “way faster” than people’s income.

He said the median home price has gone up by 64% since 2011, while the median income has risen by only 6%.

With that problem in mind, VerWys joined Stateside to explain how ICCF's purchase of 177 houses would be an opportunity for the area.

“We believe that this is a step for our community to bring ownership for these homes back locally here, and then an opportunity for us to collaborate together,” VerWys said.

Listen above for the full interview.

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