NOFA and Grant Programs for Nonprofit Agencies and Local Units of Government
MSHDA's Community Development Division (CDD) is pleased to announce the Housing Resource Fund (HRF) 2015 Fall Notice of Funding Availability (NOFA) which consists of up to $6 million in Community Development Block Grant (CDBG) funding and up to $2 million in HOME Investment Partnership Act funding being made available to eligible applicants through a competitive application process.
The Application window will be October 15 through November 16, 2015 (submission via OPAL).
All questions should be directed to either the CDDmailbox@michigan.gov or via the CDD Office main telephone line at 517.335.2524.
BLIGHT ELIMINATION PROGRAM - Program Statement
CDD provides financial assistance to communities to make physical improvements to residential neighborhoods through blight removal of vacant residential structures that are publically owned.
HOMEBUYER ACQUISITION AND REHAB PROGRAM - Program Statement
CDD awards grants to community-based nonprofits or local units of government to implement programs that promote homeownership for low-income families. Homebuyer programs generally fall into two categories: (1) programs such as down payment and moderate rehabilitation assistance to help low-income homebuyers purchase affordable housing units and (2) programs promoting housing development, acquisition and rehabilitation, or new construction of affordable units for resale. A most successful housing development program includes revitalization projects in underserved target areas and/or plans to increase affordable housing stock in the community.
HOMEOWNER REHAB ASSISTANCE PROGRAM - Program Statement
CDD allocates funding for grantees to administer a homeowner rehabilitation program offering deferred loans to low-income homeowners with an income at or below 80% of the area median income.
PRE-DEVELOPMENT LOAN PROGRAM - Program Statement
The Pre-Development Loan Program (PDL) provides interest-free capital for costs incurred prior to the development of housing development projects that are or will be submitted to any division of MSHDA. Eligible applicants must be non-profit housing organizations with 501(c)(3) tax-exempt status. Eligible uses include but are not limited to the following: Option or earnest money payments on a purchase and sale contract, where such options include language specifying the option is contingent upon meeting Environmental Review requirements as well as securing project financing; market feasibility analysis or market study; environmental testing/assessments; legal services (may not exceed 15% of the loan amount); architectural/engineering design services; costs associated with zoning approvals; engineer’s assessment of existing conditions; soil tests (e.g., geotechnical testing); title costs; consulting fees (may not exceed 15% of the loan amount); and other eligible development costs as determined by MSHDA.
RENTAL REHAB PROGRAM - Program Statement
CDD's Rental program is designed to improve investor-owned properties and spur economic development in Michigan's downtowns. Funding for Rental Rehab is generally provided through the unit of local government with jurisdiction for code enforcement and/or rental licensing. Housing Resource Funds may be combined with MSHDA's Property Improvement Program. To see the positive impact MSHDA's Rental Rehabilitation program makes watch the Mason Downtown Rental Rehabilitation Informative Video.
For more information about these programs, please contact MSHDA's Community Development Division at 517-373-1974.
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