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Multi Family Direct Lending Programs

Multi Family Direct Lending Programs

Direct Lending Parameters and Updates

Round 20 Gap Financing Program and Updates

  • Question-And-Answer Webinar for the Rental Development Software Application Process
    • In order to assist potential applicants with beginning to utilize the new IT platform, MSHDA is setting aside some time (details below) to answer questions.  Interested parties are invited to participate in this virtual Q&A session.  This will not be a training - MSHDA’s intent for this Q&A session is to allow time for participants to ask questions and/or highlight any issues that are arising so they can be quickly addressed.  As previously highlighted, applicants will not penalized for issues that arise as a result of this new IT system and MSHDA staff will accept alternative methods of transmitting project information in the event technical issues arise.

      Please submit any questions to MSHDA-RD@michigan.gov by 5:00pm Monday April 20, 2026.

      Michigan State Housing Development Authority is committed to providing meaningful access. For accommodations, modifications, translation, interpretation, or other services, please request accommodations 5 days prior to the meeting date. Please contact Stephanie Oles, Office of Housing Access and Opportunity, MSHDA at 517-241-8591.

    • DATE: April 22, 2026
    • TIME: 2:00pm – 3:00pm
    • TEAMS MEETING
      • Join the meeting now
      • Meeting ID: 291 814 068 352 23
      • Passcode: 5iP68Yq2
      • Conference Call Number: +1 248-509-0316
      • Conference ID: 358 862 750#

Round 19 Gap Financing Program and Updates 

Equity Bridge Loan Program and Updates

Notice of Intent to Apply, LIHTC Application and Exhibit Requirements for Direct Lending Programs

  • Notice of Intent to Apply (Typically required for all Direct Lending proposals, and Level One Reviews for 9% Preservation proposals) - Updated March 10, 2025
  • LIHTC Program Application (link will take you to MSHDA's Combined Application for Rental Housing Programs page for the most recent LIHTC Application). Required for all direct lending proposals when invited following the Notice of Intent to Apply phase.
  • Addendum IV Exhibit Checklist (Required documents to be submitted along with the LIHTC Application) - Updated March 10, 2025

Other Information

Parameters from Past Years

Gap Financing Program NOFA Rankings from Past Rounds

HTF Financing Program NOFA Conditional Awards by Rounds