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Housing and Community Development Fund (HCDF)

Michigan State Housing Development Authority is committed to providing meaningful access for public comment on the HCDF Annual Allocation Plan. For accommodations, modifications, translation, interpretation, or other services, please email

The Michigan Housing and Community Development Fund (HCDF) was established by the Michigan State Housing Development Authority Act of 1966 but has not always been funded by the legislature. Its purpose is to develop and coordinate public and private resources to meet the affordable housing needs of low-income households and to revitalize downtown areas in Michigan.

The flexibility of the HCDF allows it to be used to provide grants and loans to finance a wide range of housing-related projects including: acquisition, rehabilitation, new construction, development and predevelopment, preservation of existing housing, community development projects, insurance, down payment assistance, security deposit assistance, activities that address homelessness, assistance to nonprofit and for-profit developers, municipalities, land banks, and community development financial institutions.

HCDF Virtual Public Hearing, Recorded 11/09/2022

Read the HCDF Overview

The Office of Equity and Engagement within the Executive Division at MSHDA is pleased to announce HCDF programs have started launching. For further information on current funding opportunities please see details below.

Recently Launched HCDF Programs

HCDF Allocation Plan

HCDF Program Term Sheets

HCDF Diversity, Equity, and Inclusion Program Requirements

HCDF Frequently Asked Questions


RELEASE: Gov. Whitmer Announces Plan for Historic Investment in Safe and Affordable Housing Across Michigan
U.S. Department of Treasury: Coronavirus State and Local Fiscal Recovery Funds
FACT SHEET: The Coronavirus State and Local Fiscal Recovery Funds Will Deliver $350 Billion

HCDF Statute

125.1458 - Definitions
125.1458a - Creation and Administration of Fund
125.1458b - Implementation, Purpose, Hearings, Reporting, Eligible Applicants, etc.
125.1458c - Expenditures
125.1458d - Housing Assistance and Conditions
125.1458e - Advisory Committee (abolished pursuant to MCL 125.1392)
125.1458f - Rights of Bond Holders; Construction of Chapter