Michigan is facing a serious housing shortage, with experts estimating the state needs to build nearly 100,000 homes.

Outdated zoning laws hinder the creation of diverse, mixed-use neighborhoods, and lengthy permitting processes slow new developments. Additionally, ongoing shortages of construction workers and building materials make it even harder to add new housing units. As a result, many new developments cater to wealthier residents, leaving residents struggling to find affordable options.

Joe Agostinelli, founder of Miller Johnson Growth Advisors, believes better financing and strong partnerships between local leaders and developers are key to expanding Michigan’s housing supply. His team is developing a new riverfront project in Grand Rapids featuring a mix of offices, apartments, and condos. Agostinelli says that city and the broader Kent County area have been able to develop homes faster than places in metro Detroit.

The Metro’s Sam Corey spoke with Agostinelli at the annual Mackinac Policy Conference to discuss how his group is trying to build homes quickly in an environment that often moves slow. 

Hear the full conversation using the media player above.

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