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Displaying items by tag: Michigan State Housing Development Authority

HOLLAND — Good Samaritan Ministries has been awarded $300,000 from the Michigan State Housing Development Authority to help 200 more Ottawa County households avoid eviction.

Published in Economic Development
Sunday, 11 October 2020 09:08

MiBiz Growth Report: October 11, 2020

Here is the MiBiz Growth Report for October 11, 2020.

Published in Economic Development

Two West Michigan affordable housing projects have secured $1.9 million in a recent funding round from the Michigan State Housing Development Authority.

GRAND RAPIDS — Local developers are working to increase access to affordable housing for seniors who want to remain in their neighborhoods. 

Four proposed affordable housing projects in West Michigan have been awarded federal tax credits.

Saturday, 07 December 2019 09:07

Growth Report: December 7, 2019

Here is the growth report for December 7, 2019.

Published in Economic Development

GRAND RAPIDS — An Inner City Christian Federation-led project to renovate a former Grand Rapids neighborhood school into affordable housing has received a funding boost from the state.

GRAND RAPIDS — Legal Aid of Western Michigan is asking a state agency to investigate alleged fair housing violations that negatively affect minorities and people with disabilities at properties owned by Midland-based Live Downtown Grand Rapids LLC. 

The Michigan State Housing Development Authority announced this week that two West Michigan projects secured funding via the Low Income Housing Tax Credits (LIHTC) program.

GRAND RAPIDS — Developers relied on low-income tax credits to add nearly 2,000 units of affordable housing in the city over the last five years. While the credits provide key gap financing to affordable housing developers, officials who administer the funding say the program is consistently “oversubscribed,” leading to delays for new projects.

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