Michigan Announces First Round for HTF, $7.5 Million Primarily Available for 4% LIHTC Developments

The Michigan State Housing Development Authority (MSHDA) is pleased to announce its first NOFA round for the federal Housing Trust Fund (HTF), which will be primarily targeted for tax exempt bond financed, 4% Low Income Housing Tax Credit transactions. Additional information about the process and the considerations for allocating the approximately $7.5 million in HTF are described within the Michigan Housing Trust Fund Allocation Plan, which can be found on the MSHDA website at  http://www.michigan.gov/mshda/0,4641,7-141-5587_5589-289060–,00.html.

As identified within the HTF allocation plan, applications for the funding round are due by the June 1, 2018 funding round deadline.   Please note that, in addition to the application, applicants will also be required to submit the exhibit documents found on the Addendum V Exhibit Checklist.

Questions:  Any questions about this notice may be directed to:

John Hundt
Housing Development Manager
Rental Development Division
Michigan State Housing Development Authority
735 East Michigan Avenue, PO Box 30044
Lansing, Michigan 48909
hundtj1@michigan.gov
517-241-7207 (voice)