MSHDA Board Approves Funding for Housing Across Michigan

Sep 24, 2024 · The Board approved $16.6 million in MSHDA funding for the construction of 1309 Madison Apartments in Grand Rapids, which will have 45 new construction units, with three …

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MSHDA Board Approves Funding For Housing Across Michigan

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Sep 24, 2024 · The Board approved $16.6 million in MSHDA funding for the construction of 1309 Madison Apartments in Grand Rapids, which will have 45 new construction units, with three …

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RELEASE: MSHDA Board Approves Funding For Housing Across …

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Sep 24, 2024 · The Board approved $16.6 million in MSHDA funding for the construction of 1309 Madison Apartments in Grand Rapids, which will have 45 new construction units, with three …

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MSHDA Board Approves Funding Annika Place Development In

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Jun 24, 2024 · Martin Gardens, a 46-unit development with three accessible units, near Southwest Detroit, was approved for over $9 million in MSHDA funding. The Board also …

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$16.9 Million Housing Project On The Way To Traverse City

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Oct 25, 2023 · TRAVERSE CITY — Last week, the Michigan State Housing Development Authority (MSHDA) Board approved funding for housing projects across the state including …

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MSHDA Board Approves Funding For Affordable Housing In …

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Aug 19, 2024 · The Board approved $28.4 million in MSHDA funding for the acquisition and rehabilitation of Lee Plaza, an historic structure built in 1927 in the City of Detroit. MSHDA’s …

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Michigan Approves $52.5M For Three Affordable Housing …

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May 20, 2024 · The Michigan State Housing Development Authority (MSHDA) Board has approved $52.5 million in funding for three affordable housing developments in Detroit, …

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MSHDA Board Approves Multiple Affordable Housing …

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Oct 25, 2024 · Midblock Apartments, a new construction development, which will have 184 units, with 19 accessible units, was approved for $48.9 million in MSHDA funding. All units will be …

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Michigan Launches $5 Million Affordable Housing Grant Program

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December 14, 2023. The state of Michigan is incentivizing local communities to build more affordable housing with the creation of a $5 million grant program, the Michigan State Housing …

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MSHDA Announces $30 Million In Funding For MI Neighborhood …

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Nov 1, 2024 · LANSING, Mich. – The Michigan State Housing Development Authority (MSHDA) announced over $30 million has been reserved through MI Neighborhood for more than 75 …

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FAQs about MSHDA Board Approves Funding for Housing Across Michigan Coupon?

Why is MSHDA funding so important?

“Preserving and creating new housing is a critical need in every corner of the state,” said MSHDA Chief Executive Officer and Executive Director Amy Hovey. “The funding approved by the Board will increase the number of affordable homes available for families, seniors and others in areas where our current housing supply is not meeting demand.” ...

How does the MSHDA help boost the state's housing stock?

They can use the money, which the state Legislature appropriated in the 2024 fiscal year budget, to adopt or eliminate regulations in order to help boost the state’s housing stock. Land use policies, master plan updates, and zoning amendments are a few of the regulations identified by the MSHDA that the program seeks to address. ...

How many affordable apartments are being built in Michigan?

LANSING, Mich. -- Housing developments in Clawson, Detroit, Grand Rapids and Kalamazoo received loan approval from the Michigan State Housing Development Authority (MSHDA) Board this week to construct 466 new affordable apartments and preserve 300 more across the three projects. ...

Does Michigan have a housing readiness incentive grant program?

The state of Michigan is incentivizing local communities to build more affordable housing with the creation of a $5 million grant program, the Michigan State Housing Development Authority recently announced. Starting Jan. 16, local governments can apply to receive funding through the new Housing Readiness Incentive Grant Program. ...

How much did MSHDA pay for Hom flats at Maynard?

The project also includes 115 market rate units. HOM Flats at Maynard in Grand Rapids received construction financing from MSHDA in March 2022. The volatile pricing for construction materials resulted in an increase of just over $5 million to construction hard costs for the project, along with $2 million in related soft costs. ...

What are the site amenities at MSHDA?

Site amenities will include a play yard, community garden, dog walk area and a central laundry facility. The Board also recognized MSHDA Chief of Staff Gary Heidel with a proclamation for his 38 years of service to the State of Michigan. ...