Michigan

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

The Michigan State Housing Development Authority (MSHDA) posted its draft 2022-2023 QAP for review. Written comments can be sent to Carol Thompson by 5 p.m. ET on May 6, 2021.

Michigan State Housing Development Authority will hold three virtual hearings to take comments on the Draft 2022-2023 QAP from 1 to 3 p.m. ET on May 3, 5 and 6.

The Michigan State Housing Development Authority (MSHDA) corrected the preliminary rankings for the Notice of Intent stage of its HOME/Tax Credit Assistance Program (TCAP) Gap Financing Program for Round 13. Almost $49 million in gap funding was requested from 28 proposals submitted.

Michigan State Housing Development Authority (MSHDA) released the form necessary to request an electronic application submission for the upcoming February 1, 2021 LIHTC Funding Round. In order to electronically submit an application package for MSHDA LIHTC Program you must first complete the requested information at the link above. Upon hitting “Submit,” a file will be […]

Michigan State Housing Development Authority released the Notice of Funding Round, Application Updates Memo and updated 2021 LIHTC application. Updated documents include: Cover, Contents and Instructions document; Addendum I; 2021 Scoring Criteria (changed MS Excel workbook passwords/formatting, no other changes); Tab N; and Tab W.

Gov. Gretchen Whitmer (D) of Michigan signed legislation extending the state’s Historic Tax Credit (HTC) through 2030.  S.B. 54 allows a qualified taxpayer with a certificate of completed rehabilitation issued after December 31, 2020 and before January 1, 2031, to credit against the income tax or Corporate Income Tax (CIT) 25 percent of the qualified expenditures that met eligibility criteria […]

The Michigan State Housing Development Authority (MSHDA) will hold an information hearing on amending its recently approved 2021 QAP from 9 to 11 a.m. ET on December 9. The QAP Amendment process is anticipated to begin this year and continue through early-to-mid 2021.  Dial 248-509-0316, code: 395 059 938 to join the call. Persons who […]

Michigan State Housing Development Authority’s (MSHDA) 2021 QAP will go to its board for approval at the October 22, 2020 meeting.

The Michigan State Housing Development Authority (MSHDA) will hold three public hearings on its draft 2021 QAP:

October 13, 2020 from 9 -11 a.m. ET,
October 13, 2020 from 1 – 3 p.m. ET, and
October 14, 2020 from 9 – 11 a.m. ET.

The Michigan State Housing Development Authority (MSHDA) released the thirteenth notice of funding availability (NOFA) for its HOME/Mortgage Resource Fund (MRF) Gap Financing Program. This Program is designed to improve MSHDA’s direct-lending production and to assist with being able to finance tax-exempt bond transactions utilizing the four percent LIHTC. The Notice of Intent to Apply […]

The Michigan State Housing Development Authority (MSHDA) will host a webinar from 10 a.m. to 1 p.m. ET on November 5 on Enterprise’s new 2020 Green Communities Criteria.

Michigan State Housing Development Authority (MSHDA) will hold a virtual QAP information hearing from 9 – 11 a.m. ET on September 25.