The Michigan State Housing Development Authority (MSHDA) is providing applicants the opportunity to withdraw from the February 15, 2013 LIHTC funding round application without penalty. If after reviewing the list of applications submitted, an applicant determines there is not a strong probability of their project receiving a LIHTC award, applicants may request to have their application withdrawn from the funding round and returned to them. Applicants who make this request by 5:00 pm on March 1, 2013 may also receive a refund of the LIHTC application fee and the market study fee (if the market study has not yet been performed) that were submitted with their application. MSHDA is making this opportunity available to applicants not only in an effort to expedite the funding round process, but also in an effort to relieve some of the financial burden applicant’s encounter in the application process. Applicants choosing to take advantage of this opportunity should notify MSHDA of their intent to withdraw by emailing a copy of the attached Request for Withdrawal of Application form to Carol Thompson at thompsonc7@michigan.gov.
Click here to view the list applications submitted and the Request for Withdrawal from.
