In Petoskey, where homes top $1M, some push zoning reform, mortgage relief

In Petoskey, where property values are skyrocketing past the $1 million mark, local leaders are advocating for zoning reforms and mortgage relief to make housing more affordable and retain workers. At a recent roundtable, they debated leveraging federal funding for housing development to create more attainable living spaces. This push is crucial as rising home prices threaten to drive potential residents away, impacting the community's growth and economic stability. The reforms aim to balance development with affordability, ensuring the town remains an attractive place to live and work.