MSHDA Board Approves Multiple Affordable Housing …

Oct 25, 2024 · Lansing, Mich. – At its October meeting, the Michigan State Housing Development Authority (MSHDA) Board approved funding for affordable housing developments in Wayne, …

CouponFollow Extension

$62
OFF

MSHDA Board Approves Developments In Detroit, Ann Arbor And …

1 week from now

Apr 22, 2024 · The Board also approved loans totaling $62.4 million, including a $46.7 million construction loan, for the Union at A2, a new 250-family-unit development in Ann Arbor with 26 …

michigan.gov

$16
OFF

RELEASE: MSHDA Board Approves Funding For Housing Across …

1 week from now

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 …

govdelivery.com

$16
OFF

MSHDA Board Approves Funding For Housing Across Michigan

1 week from now

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 …

michigan.gov

$62
OFF

$62.4M In State Loans To Help Bring 250 Affordable Housing ... - Mlive

1 week from now

Apr 23, 2024 · The Michigan State Housing Development Authority approved loans for multiple affordable housing developments across the state at its April board meeting. That includes …

mlive.com

$52
OFF

Michigan Approves $52.5M For Three Affordable Housing …

1 week from now

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, …

dbusiness.com

$8
OFF

MSHDA Board Approves Funding Annika Place Development In

1 week from now

Jun 24, 2024 · In addition, the Board approved more than $8.7 million in funding for the construction of a new affordable housing development at 206 N. Washington in Ypsilanti.

9and10news.com

$800000
OFF

$800,000 HCDF Loan Approved For Riverview Terrace Building ...

1 week from now

Apr 23, 2024 · Lansing, MI – The Michigan State Housing Development Authority (MSHDA) Board has approved loans for multiple affordable housing developments across the state in its April …

wlen.com

$30
OFF

MSHDA Announces $30 Million In Funding For MI Neighborhood …

1 week from now

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

michigan.gov

$90
OFF

NJ Approves $90M Tax Break For Housing Project In Newark

1 week from now

Sep 13, 2023 · The New Jersey Economic Development Authority (NJEDA) board approved up to $90 million in tax credits for a new, 14-story building at 81-93 Orange Street, which is located …

patch.com

$5
OFF

MSHDA Board Approves Funding For Affordable Housing In Wayne …

1 week from now

Aug 19, 2024 · The Board approved $5.5 million in funds to rehabilitate Crossroads Apartments, located in Reed City in Osceola County. Crossroads Apartments consists of 39 housing units …

michigan.gov

FAQs about MSHDA Board Approves Multiple Affordable Housing … Coupon?

What is affordable housing based on HUD rules?

For any given affordable housing unit, HUD authorizes the affordable housing provider to charge a fair market rent based on the AMI level the unit is intended to house and the size of the housing unit. This results in the following income limits for what is defined as affordable housing based on the HUD rules for our area ...

What does Murphy's Affordable Housing Act mean for New Jersey?

TRENTON, NJ – Governor Phil Murphy today signed landmark affordable housing legislation to support towns in meeting their affordable housing obligations, building on his administration’s promise to create a stronger, fairer, and more affordable state for all New Jerseyans. ...

What does “affordable” housing mean?

What “affordable” housing typically means The United States Department of Housing and Urban Development (HUD) determines what rent levels are affordable based on the incomes in a given area. HUD defines housing as affordable if it costs less than one-third (1/3) of a household’s monthly income. ...

What are NJEDA's new mixed-use building rules?

The program rules include provisions to ensure that tax credits are awarded responsibly, such as a gap financing review and excess revenue sharing requirements, officials say. According to the NJEDA, here are some details about the new mixed-use building that will be coming to Orange Street: ...

Does New Jersey have a fair share of affordable housing?

“This legislation positions New Jersey to create opportunities for every household in the state to thrive by creating a clear process to ensure all municipalities create their fair share of affordable housing,” said Taiisa Kelly, CEO of Monarch Housing Associates. ...

Will Newark's New affordable housing building get a tax credit?

In July, the NJEDA announced that a new affordable housing building for seniors – the Terrell Homes project – will get an $8.9 million boost. Read More: Affordable Senior Housing Building In Newark Gets $8.9M Tax Credit ...