Rep. Iden offered the following resolution:

House Resolution No. 45.

            A resolution to declare April 7, 2015, as Multifamily Day in the state of Michigan.

            Whereas, Thirty-five percent of Americans rent their homes and forty-two percent of renters live in apartments; and

            Whereas, Three hundred to four hundred thousand new apartments are needed annually to meet demand; and

            Whereas, For each one hundred apartment homes, nearly nine million dollars is spent on construction which supports an average of 206 jobs; and

            Whereas, For each one hundred apartment homes, 335,000 dollars is spent on ongoing operations which supports an average of eight new jobs; and

            Whereas, For each one hundred apartment homes, over two million dollars is spent by residents which supports an average of 57 total jobs; and

            Whereas, Michigan has over 828,000 citizens who rent apartments who live in over 500,000 apartment homes; and

            Whereas, Michigan apartment homes have contributed over fourteen billion dollars to the Michigan economy and have created over 165,000 jobs in Michigan; and

            Whereas, April 7, 2015, has been designated National Multifamily Day by the National Apartment Association to recognize the continued growth and success the apartment industry is experiencing when renting is at an all-time high; and

            Whereas, The common good of the state of Michigan is strengthened by the existence of multifamily housing; now, therefore, be it

            Resolved by the House of Representatives, That the members of this legislative body declare April 7, 2015, as Multifamily Day in the state of Michigan. We support the continued dedication and economic impact of the multifamily housing industry in Michigan; and be it further

            Resolved, That a copy of this resolution be transmitted to the National Apartment Association with our highest esteem.