Michigan Senate Passes Chair Cavanagh’s 2027 Budget for Dept. of Labor and Economic Opportunity

LANSING, Mich. (April 29, 2026) — Today, the Michigan Senate voted to pass the Fiscal Year 2027 budget for the Michigan Dept. of Labor and Economic Opportunity (LEO) and the Michigan Economic Development Corporation (MEDC). In response, Sen. Mary Cavanagh (D-Redford Twp.), chair of the Senate Appropriations Subcommittee on LEO/MEDC, has released the following statement:

“Right now, we are seeing every one of our communities struggle to navigate these uncertain times of increased costs, slashes to health care funding, new work requirements, and skyrocketing housing costs. That’s why our LEO/MEDC budget delivers smart, intentional investments in these key areas. From targeted affordable housing investments to community and small business programs to support for workers facing new federal uncertainty, this fiscally responsible budget supports Michiganders right now and prepares our state for what’s to come. Our budget truly puts the people of Michigan first — the way it should be.”

Key investments in the LEO/MEDC budget include funding for:

• Support for workers who are experiencing new hurdles as a result of new federal SNAP/Medicaid work requirements;

• Targeted housing investments in first generation homebuyer down payment assistance, homeownership access, rent stabilization, senior housing upgrades, and housing-related legal support;

• Small businesses and startups in Michigan, supporting local economies and entrepreneurs; 

• Arts, culture, and community growth initiatives; and

• Registered apprenticeship programs, boosting workforce development opportunities.

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