The Michigan State Housing Development Authority (MSHDA) announced the submission deadline for its first round of competitive funding for 2013 Low Income Housing Tax Credits as August 15, 2012 at 5:00 p.m. MSHDA will allocate approximately 50% of Michigan’s 2013 tax credit ceiling in this first round. The credits will be allocated based on Michigan’s 2013-2014 Qualified Allocation Plan (QAP). To view the 2013-2014 QAP, please visit MSHDA’s website.
Applicants may submit projects financed with proceeds of tax-exempt bonds at any time, as those projects are not subjected to the state tax credit ceiling.
All applications must be submitted on MSHDA’s 2013 LIHTC Program Application and the Low Income Housing Tax Credit Addendum I, and must include all required exhibits. You can find all application materials on MSHDA’s Combined Application for Rental Housing Programs page, under Low Income Housing Tax Credit Application and Addendums.
Completed applications must be submitted by mail in a tabbed three ring binder and sent to:
MSHDA
Low Income Housing Tax Credit Program
735 East Michigan Avenue
PO Box 30044
Lansing, MI 48909
Or, hand delivered to one of its two locations:
MSHDA’s Lansing Office:
MSHDA LIHTC Program,
4th Floor
735 East Michigan Avenue
Lansing, MI 48912
MSHDA’s Detroit Office:
MSHDA
Southeast Michigan Development Division (SMDD)
3028 W. Grand Boulevard, Suite 4-600
Detroit, MI 48202
To view the complete Notice, click here.
For questions regarding funding, contact Carol Thompson in MSHDA’s Low Income Tax Credit program.
