We serve the people of Michigan by partnering to provide quality affordable housing solutions in support of diverse, equitable, thriving communities.
Make Michigan a place where all people have quality affordable housing as a foundation to reach their full potential.
At MSHDA, we’re leading the charge on tackling Michigan’s housing challenges head-on. We spark innovative, sustainable solutions that build stronger, more inclusive communities across the state. By providing financing, shaping policy, and forging powerful partnerships, we’re expanding access to housing, preserving affordability, and empowering individuals and families to thrive in the neighborhoods they choose.
We believe that a safe, quality, and affordable home is the foundation for every Michigander to reach their full potential. Together, we’re creating vibrant communities and driving economic growth—one home at a time.
MSHDA’s Homeownership Division delivers responsive homeownership products, education and technical assistance to empower our customers and strengthen and sustain Michigan communities. We work with our partners to provide creative solutions that maximize existing resources and preserve homeownership opportunities for future generations.
A limited-time pilot program that offers a loan up to $25,000 to first-generation homebuyers to cover down payment, closing costs, and prepaid escrows. This program is available statewide.
A network of HUD-certified housing counseling agencies throughout the state that provide homebuyer education, and other financial counseling services.
A non-amortizing loan that is offered statewide to qualified homebuyers for down payments, closing costs, and other homebuying related expenses. Income, purchase price, other limits apply.
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MSHDA’s mortgage product, a fixed rate loan to purchase a new or existing home, that can be paired with MI 10K DPA. Income, purchase price, other limits apply.
MSHDA’s Rental Development Division is responsible for investing federal and Authority funds to create and preserve housing development projects implemented by partners throughout Michigan.
MSHDA provides equity bridge loans to foster the production and preservation of affordable multifamily rental housing developments. These loans help enable higher tax credit pricing by delaying the tax credit investor’s equity capital contributions into the development.
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Gap Financing works in conjunction with direct lending to cover financial gaps for developers with multi-family loans through MSHDA.
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A funding tool that uses a reimbursement of increased property taxes to fill funding gaps for affordable housing developments and requires units targeted at 120% of the area median income to qualify.
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The Housing Trust Fund (HTF) is a federal affordable housing production program that complements existing state efforts to increase the supply of affordable housing for extremely low and very low-income households, including homeless families and individuals and persons with special needs.
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MSHDA administers the federal Low-Income Housing Tax Credit (LIHTC) program that assists in creating and preserving affordable rental housing throughout the state. LIHTC is a dynamic and powerful financing tool that leverages private equity to develop affordable housing.
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The Missing Middle Housing Program is a federally-funded housing production program designed to address the general lack of attainable housing and the housing challenges underscored by the COVID-19 pandemic.
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The Pass-Through Bond Program is a form of financing where the bonds issued are secured by the revenues of the borrower, the real and personal property being financed, and a form of credit enhancement acceptable to the Authority.
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MSHDA offers loans from both tax-exempt and taxable bonds for both new construction and acquisition and rehabilitation of affordable or conventionally financed rental housing, mixed-use buildings or adaptive re-use.
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MSHDA’s Rental Assistance and Homeless Solutions Division works with local communities and teams to promote stable housing opportunities and confront the issues facing low-income residents across Michigan. By assisting those in need with housing, education and community resources, we remove barriers for families and individuals working to achieve a better tomorrow.
The 811 Project Rental Assistance Program supports persons with disabilities to live as independently as possible. Individuals must be 18-61 years of age, extremely low-income, have a disability, and must be eligible for some type of long-term, home or community-based service.
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The Family Self-Sufficiency (FSS) program is a voluntary program for Housing Choice Voucher participants who obtain and maintain employment. If the family’s household earned income goes up during their time in the program, the family can set aside money to help with financial, education or housing costs.
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The Housing Choice Voucher program provides federal rental assistance to low-income households. Program participants are required to pay at least 30% of their adjusted monthly income toward the total rent.
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The Emergency Solutions Grant program awards federal and MSHDA funding to local units of government and public and private nonprofit agencies provide rental assistance, emergency shelter services, outreach, and case management for those that are homeless or at risk of homelessness.
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Key to Own program is a voluntary program that assists MSHDA Housing Choice Voucher participants achieve their dream of homeownership while retaining their voucher assistance.
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MSHDA’s Neighborhood Development Division provides support and resources to encourage housing solutions and opportunities to Michigan residents, neighborhoods and partners.
MI Neighborhood is a blend of state and federal funding in response to regional action plans and is in strategic alignment with the Statewide Housing Plan. Program funding is used for housing activity components.
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