The Michigan State Housing Development Authority (MSHDA) opened the MI Neighborhood application, which consolidates nine targeted programs and funding to address the regional goals identified through the implementation of the Statewide Housing Plan.
MI Neighborhood is open to developers, nonprofits and local government units, and applications will be accepted if funding is available. Up to $60 million will be awarded in the current fiscal year, with the next round of funding beginning October 1, the start of the state’s new fiscal year. Regional investment targets, based on the 15 regional housing partnerships identified in the Statewide Housing Plan, have been developed using an equitable, transparent, data driven strategy.
Grants awarded through MI Neighborhood will be supported by state and federal funding. It is intended to be a low-barrier, common application that will be accessible to experienced and emerging community developers, nonprofits and municipal leaders alike. Projects will be prioritized that are most aligned with the regional action plans, and applications will be reviewed on a rolling basis as they are received.
