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Successes

Successes

To address housing needs, the Michigan State Housing Development Authority (MSHDA) has financed $607.2 million in housing projects that created or preserved 5,508 units since Fiscal Year 2020.

 

Housing Developments and Programs

1,959 units
Over $30 million used to finance 1,959 units of affordable housing using the Low-Income Housing Tax Credit (LIHTC) 
1,099 rentals
$107.8 million used to finance 1,099 rental units 
 4,391 homes
Over $499 million used to finance 4,391 single-family homes
$51 million
$51 million granted to 120 different local entities for homelessness prevention  

Successes

Successes

1,959 units
Over $30 million used to finance 1,959 units of affordable housing using the Low-Income Housing Tax Credit (LIHTC)

1,099 rentals
$107.8 million used to finance 1,099 rental units

4,391 homes
Over $499 million used to finance 4,391 single-family homes

$51 million 
$51 million granted to 120 different local entities for homelessness prevention 

Andy's Place housing project

Andy's Place, Jackson

Andy's Place in Jackson provides long-term care for individuals struggling with opioid and other substance abuse disorders. 

Coolidge_Park_Apartments pic of apartment sign

Coolidge Park Apartments, Flint

Communities First, a nonprofit organization, transformed Calvin Coolidge Elementary which closed in 2011 into a new mixed-use building. 

 

Osborn_Commons pic of appartments

Osborn Commons, Sault Ste. Marie

A 65-unit mixed-income apartment building with 63 affordable housing units located in downtown Sault Ste. Marie