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Michigan State Housing Development AuthorityMichigan.gov, Official Web Site for the State of Michigan
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*RATES* Current Direct Lending Program Rates

Below is a summary of the current rates for MSHDA Direct Lending programs.
MSHDA Logo Rate
Tax-Exempt Program 6.25%
Taxable Bond 8.00%
Related Content
 •  Welcome Developers and Contractors
 •  Pre-construction Manual and Forms
 •  Multifamily Processing Activity Status Report
 •  Answers to Wage & Hour Questions
 •  MSHDA's Combined Application for Rental Housing Programs

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