Michigan

Michigan State Housing Development Authority will host the 2015 Asset Management Conference on September 9, 2015 in Lansing, MI. It will release more details about the event in July.

Michigan State Housing Development Authority and Department of Health and Human Services will roll out a new project based rental assistance program to house extremely low-income persons with disabilities.

The Michigan State Housing Development Authority (MSHDA) announced the fifth round for the Gap Financing Program NOFA. The Gap Financing Program NOFA is designed to improve MSHDA’s direct-lending production by making available approximately $18 million in gap funding.

The Michigan State Housing Development Authority (MSHDA) announced the fifth round for the Gap Financing Program NOFA. The Gap Financing Program NOFA is designed to improve MSHDA’s direct-lending production by making available approximately $18 million in gap funding. This funding is being made available exclusively for MSHDA’s Tax Exempt – 4% Low Income Housing Tax […]

Michigan State Housing Development Authority released a Notification of Funding Round for April 1, 2015 and a memo regarding LIHTC Program Updates & Credit Availability. They are available on the 2015 Funding Round Information page of the MSHDA web site.

The Michigan State Housing Development Authority has made two changes to the updated parameters that were posted on October 17, 2014.  The changes are as follows: Added a long practiced, but previously unwritten underwriting assumption to the LIHTC/Tax-Exempt Bond or Taxable Bond Rent Restrictions section for all new construction or vacant acquisition rehab transactions. This […]

Compilation of State Housing Finance Agency from across the nation for the week of October 20.

On September 29, California Governor Jerry Brown vetoed A.B. 1399, a bill to create a state new markets tax credit (NMTC), and A.B. 1999, to create a state historic rehabilitation tax credit (HTC).

Michigan Governor Rick Snyder approved the 2015-2016 Michigan QAP. The first round application deadline is October 1, 2014.

The Internal Revenue Service (IRS) published that $2.59 million of unused LIHTCs carryovers for calendar year 2014 will be allocated to 35 qualified states and Puerto Rico.

Michigan Governor Rick Snyder approved the 2015-2016 Michigan QAP. The first round application deadline is October 1, 2014.

Governor Martin O’Malley announced that Raymond A. Skinner, who has served as Secretary of DHCD since 2007, is retiring at the end of the month and that he will appoint Clarence J. Snuggs, the current Deputy Secretary of DHCD, as acting secretary effective September 1, 2014