- Michigan Among Regional, National Leaders in New HealthCare.gov Signups During Current Special Enrollment Period
- Michigan: MSHDA rolls out online application tool for COVID Emergency Rental Assistance
- Director of the Michigan Department of Civil Rights on the Passing of Elbert Hatchett
Katie Bach, BachK@michigan.gov
Tracey Houston, HoustonT1@michigan.gov
Nov. 20, 2020
LANSING, Mich. – The Michigan State Housing Development Authority (MSHDA) Board has approved several grants and loans to support programs and projects across Michigan.
The board approved the issuance of a $1.17 million Housing Development Fund grant to Habitat for Humanity of Michigan for three programs, with allocations supporting:
- Up to $12,000 in down payment assistance to eligible low-income households and reimbursement of up to $350 for required HUD or MSHDA certified pre-purchase homebuyer education.
- The Priority Home Repair (PHR) program to complete home rehabilitations and repairs in households at or below 60% area median income.
- The Michigan Department of Corrections Prison Build program, which will provide 90 low-income families in Michigan with affordable, high quality products for their homes.
The PHR grants approved by the MSHDA Board will be matched by a $200,000 grant from the Consumers Energy Foundation. Together, MSHDA and the foundation have contributed $900,000 to the PHR program to date.
More on Michimich.com
- PocketSuite Partners With ShearShare to Help Stylists Boost Business
- The Anderson Group Real Estate Services' New Concierge Program Aims To Help Nashville-area Homeowners Sell For Top Dollar
- Public asked to help guide Michigan's goal of carbon neutrality by 2050
- Michigan: Lane closures on US-31 bascule bridge in Manistee next two weeks for exploratory soil borings
- Michigan: DNR's Eastern UP Citizens' Advisory Council to meet in virtual session
"The missions and efforts of MSHDA and Habitat for Humanity of Michigan are very closely aligned, especially when it comes to providing quality, safe, and affordable housing to Michiganders," said Susan Corbin, MSHDA Board chair and acting director of the Department of Labor and Economic Opportunity. "The grants provided by MSHDA will play a critical role in ensuring the continued availability of these programs to help people in need in communities all across the state."
The MSHDA Board also authorized the issuance of $19.6 million in limited obligation bonds as well as 10 loans funded by bond proceeds. The loans will be used to acquire and rehabilitate 10 projects in rural areas throughout the state – including the Upper Peninsula. The projects have 384 affordable housing units. Eight projects are designated as family housing and two are designated as elderly housing. All 384 units will be reserved for tenants at 60% of area median income or less. Seventy percent of the units across all projects will continue receiving Section 521 project-based rental assistance from U.S. Department of Agriculture, which will allow the projects to serve low and very low-income residents in their communities.
More on Michimich.com
- Michigan: Attorney General Nessel Charges Benton Harbor Man
- Michigan: US-2 Dickinson County resurfacing project starts April 26
- Michigan: Reminder: Ongoing bridge work requires closing I-75 this weekend in Oakland County
- Michigan: Former Osceola County Sheriff's Deputy Sentenced for Series of Child Sex Crimes, Felony Drug Charges
- Michigan: M-129 bridge repair project starts April 19
"Through these loans, MSHDA is able to preserve and strengthen the current stock of affordable housing options at a time when we can't afford to lose any housing for low-income individuals and families, particularly in rural areas," said MSHDA Acting Executive Director Gary Heidel.
The board also approved a $360,000 Housing Development Fund grant to the Community Economic Development Association of Michigan (CEDAM) for data collection and analysis, capacity building, training, and partner engagement service. CEDAM has received MSHDA funds on an annual basis for more than 10 years.
Latest on Michimich.com
- Michigan: Work on Burns Street overpass replacement requires closing a lane on westbound I-94 in Detroit
- Terri Ross, Renowned Practice Consultant, Joins Dozens of Industry Thought Leaders to Speak at the ISAPS Business School Program
- Sterling Watson's Deadly Sweet Released
- Michigan: Attorney General Nessel Partners with Responsibility.org to Prevent Underage Drinking During Alcohol Responsibility Month
- Michigan: M-53 closed Friday night, April 16, for culvert replacement at Stiles Road in Lapeer County
- New Partnership to FightCybercrime Launching Program to Support the Military and Veteran Community
- Eaton Engineer Recognized as One of SME's 25 Leaders in Smart Manufacturing
- Health Insurance Virtual Town Hall Offered to Michigan Consumers
- Michigan: Spring steelhead egg collection on Little Manistee River set to start Tuesday
- Michigan: Treasury: Taxpayers Reminded About Individual Income Tax Deadline Change
- Michigan: Ypsilanti Man Sentenced After Embezzling More Than 100K from Elderly Victim
- Anthology of Award-Winning Books Explores Global Concerns in a Child-friendly Format
- Paradigm Technology Group Joins The Evolve IP Partner Program
- Mike Morse Law Firm's Podcast, Open Mike, Releases Landmark 100th Episode
- Delirious Comedy Club Presents Pauly Shore Every Friday Night In April
- Michigan temporarily pausing use of Johnson & Johnson vaccine based on FDA and CDC guidanceFDA and CDC are reviewing six cases of a rare and severe type of blood clot
- Michigan: Detroit casinos report $113.84 million in March monthly revenue while operating at limited capacity
- Michigan: Attorney General Nessel Announces Settlement with Ferrellgas Over Alleged Violations of Consumer Protection Laws
- Michigan: MDOT hosting virtual public meeting for M-37 repaving and Battle Creek Linear Park Trail temporary closure
- PADT Named EOS Metal 3D Printing Distribution Partner Across the Southwest, Expanding its Established Additive Manufacturing Products Offering