With new, luxury residential developments springing up throughout the City of Detroit, many of the city's low income residents feared being priced out. However, the Michigan State Housing Development Authority recently announced the tax credits to preserve and construct affordable housing units for low income residents. Mayor Mike Duggan announced that  271 units of existing units which were set to expire will be renovated. The tax credits will help these buildings keep their affordable status for another 30 years. 114 new affordable units will be set aside for low-income residents, mainly reserved for the city's residents that make significantly less than the median income.

The new projects and renovations to the existing units represent an investment of about $100M, as cited in the Detroit News. In his news conference announcing the tax credits, Mike Duggan said “We do not move Detroiters out in order to move other people into their homes,” he said. “That’s a fundamental principle of the way we operate.” This seems to be aimed at the criticism of Duggan's administration allowing "gentrification" of neighborhoods such as Corktown and Midtown (the Cass Corridor). New residential projects continue to sprout up around the city.