Small scale rental development projects defined as 1 to 24 units of affordable multifamily rental housing to be owned, developed or sponsored by community-based nonprofit organizations, will be considered on a case-by-case basis. Projects will be evaluated by the Community Development Division for long-term feasibility prior to funding.

More information on this issue is available in the Housing Resource Fund Summary, Section J, Small Scale Rental Development.  

CHDOs may be eligible for pre-development loan funds for small scale rental development projects. For further information, please contact MSHDA's Community Development Division at (517) 373-1974.