MSHDA Investing in Community Housing (MICH)
This program is designed to provide single-family home repair and facilitate new construction at the local level to increase accessibility and visit-ability statewide.
The Michigan State Housing Development Authority is pleased to announce the new program launch of MSHDA Investing in Community Housing (MICH).
This program is Housing & Community Development grant-funded with State and Local Fiscal Recovery – American Rescue Plan funding.
Up to $15 million dollars will be made available in phased awards statewide in 2023. Within this first phase, $12 million dollars has been made available. The next phase is anticipated to occur by June 1, 2023.
We are seeking interest submissions from municipalities, non-profit agencies, land banks, emerging developers, and stakeholder groups such as the Area on Aging and the disability networks.
There are three activity components in Phase 1 which an agency can select from:
- Component A: Down Payment Assistance (DPA) – Total funds available up to $1,000,000.
- Component B: Small-Scale Housing Accessibility Renovation Enhancements (SHARE), open to assist owner occupied, non-owner occupied, and/or to acquire then rehabilitate existing single-family homes for sale. Total funds available up to $5,500,000.
- Component C: New Infill Construction Encouragement (NICE) within Qualified Census Tract areas or in existing NHID MSHDA Mod and/or SHRP projects. Total funds available up to $5,500,000.
To apply, click on https://bit.ly/3yRKhdb and read the instructions. Complete the fillable application and read the terms sheet available on our website as a separate document.
In addition to this new program opportunity, there is also an open competitive funding round for $2.3 million in grant funding for the permanent MSHDA Mod and the MSHDA Multiple Modulars (M3) pilot initiative.
Refer to https://www.michigan.gov/mshda for more details.
Deadline for Submissions is April 21, 2023
