Michigan

Michigan

Michigan Solicits Alternative Language Ideas for 2013 QAP

As part of the process to rewrite the 2013 Qualified Allocation Plan (QAP), the Michigan State Housing Development Authority (MSHDA) is soliciting alternative language ideas for any portion of the QAP from stakeholders.

California

IRS Releases Unallocated Credit Carryovers for Certain States

The Internal Revenue Service (IRS) published Revenue Service 2011-57 which dictates the amounts of unused housing credit carryover allowances allocated to qualified states. Nearly $3.66 million of unused credits were divided among the states in the National Pool.

Michigan

Michigan Reinstates Deadline Extension Fees

The Michigan State Housing Development Authority (MSHDA) has announced it has reinstated deadline extension fees for LIHTC applications, effective immediately.

Michigan

From Yellow Pages to Housing: Historic Detroit Building Is Being Rehabilitated for New Uses

Two years of hearing “no” from prospective equity providers would be enough to make most people and organizations give up on a project. But for Joe Heaphy and the Detroit nonprofit he works for, the rejections almost became a personal challenge.

Michigan

Michigan Proposes to Eliminate State Historic Tax Credit

Michigan Governor Rick Snyder recently made a proposal to replace the Michigan Business Tax with a flat rate corporate income tax, and, as part of the package, the proposal eliminates the state’s historic preservation tax credit. 

Michigan

Michigan Publishes Draft 2012 QAP

The Michigan State Housing Development Authority has posted its Draft 2012 Qualified Allocation Plan and related documents to its web site. MSHDA will hold three Public Hearings on May 31, 2011 to take comments on the Draft 2012 Qualified Allocation Plan.

Michigan

Michigan State Budget Proposes Eliminating Tax Credit Programs

Michigan Governor Rick Snyder last week revealed his executive budget for fiscal years 2012 and 2013, in which he proposes eliminate virtually all state tax credit programs.

Illinois

Census Bureau & HUD Release New Housing Data Files

The Census Bureau and HUD have released new housing data files for the following Metro Areas.

Michigan

RFP: Market Study/Feasibility Study For Neighborhood in North Detroit

Client seeking qualified consultants to respond to an RFP to prepare a market analysis/feasibility study in a neighborhood in North Detroit.

Michigan

Michigan Announces Multifamily Weatherization Assistance Program Fund

MCAAA and CLEAResult are happy to announce that applications are now being accepted for the Michigan Multi-Family Weatherization Assistance Program (WAP). The weatherization program is federally funded by the Department of Energy through the Michigan Department of Human Services.

Michigan

MSHDA Executive Director To Retire

The Michigan State Housing Development Authority (MSHDA) executive director, Keith Molin, has announced that he will step away from the day-to-day responsibilities of managing the agency to facilitate the transition to a new director this fall.

Michigan

Michigan Releases Draft Utility Allowance Policy for LIHTC Projects

The Michigan State Housing Development Authority (MSHDA) has released its draft Utility Allowance (UA) Policy for Low-Income Housing Tax Credit Projects.

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