Housing Choice Voucher Program
Information about the Project Based Voucher program.
State and national links to homeless and special housing needs information.
Standards of Design for Preconstruction manual and forms
Low Income Housing Tax Credits (LIHTC)
Information on Direct Lending Parameters, Gap Financing Programs, Equity Bridge Loan Program, Notice of Intent to Apply, LIHTC Application and Exhibit Requirements for Direct Lending Programs, Other Information (Mortgagor and Contractor's Cost Certification Guide and forms, HOME Subsidy Limits, Direct Lending Intake Forms, Contractor Requirements, and the Modified Pass-Through Program), Parameters
Information about the Pass-Through Bond Program
MSHDA HUD Section 3 policy and these guidelines have been prepared to provide information and guidance to Section 3 recipients on how the Michigan State Housing Development Authority (MSHDA) will administer the Section 3 regulations.
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Below is a summary of the current rates for MSHDA Direct Lending programs.
First Mortgage & Construction Loans / Rates:
Tax-Exempt Bond Program / 6.75%
Taxable Bond Program / 7.5%
Gap Funding Loans / Rates:
HOME / 1%
Housing Trust Fund (HTF) / 1%
TCAP / 1%
Mortgage Resource Fund (MRF) / 3%
Updated August 22, 2024