We serve the people of Michigan by partnering to provide quality housing that is affordable, a cornerstone of diverse, thriving communities.
Relationship to the State Government: Autonomous Public Body Corporate
Current Staff Size: 249Visit MSHDA's Website
MSHDA is established
Statewide investment: $415,976,559
Statewide investment: $530,577,867
Statewide investment: $535,936,075
Statewide investment: $764,114,582
Total Financing Provided
Renters Served Since 1966
Homeowners Served Since 1966
Low-Income Housing Tax Credit
MSHDA administers the federal Low-Income Housing Tax Credit (LIHTC) program that assists in creating affordable rental housing throughout the state. LIHTC is a dynamic and powerful financing tool that leverages approximately $250 million of private equity to create or rehabilitate rental housing to serve approximately 3,000 low-and moderate-income residents on an annual basis.
Low-and Moderate-Income Residents Housed Annually: 3,000
With every partner and stakeholder in Michigan’s housing industry working together, we are committed to implementing solutions that address housing need and racial disparities while improving the safety, quality, and affordability for all we serve.
NSO Bell Building
This project created homes for Detroit’s chronically homeless, bringing life to the historic former Michigan Bell Building on Oakman Boulevard in Detroit. The NSO Bell Building was a groundbreaking effort that provides permanent, supportive housing for homeless adults and much needed support services to help them stabilize and turn their lives around. The $50 million community investment provided 155 safe, fully furnished, one-bedroom apartments for formerly homeless adults.
Detroit Fire Department Headquarters Building (Foundation Hotel)
The former Detroit Fire Department Headquarters, built in 1929, is 73,000 square feet of complicated space. It is complicated because this project involved the conversion of a fire station into hotel space and the construction of a modern addition on top of an adjacent four-story building to create the ballroom. The space includes retail, food and beverage, meeting and event spaces as well as a recording studio.
Calvin Coolidge School
Calvin Coolidge School opened on the west side of the growing city of Flint in 1928. For generations, neighborhood children learned and grew in the stately building. When the building closed in 2011 without a new owner, it sat quiet and vacant. Flint-based developer Communities First stepped forward to acquire the former school intending to rehabilitate it into 24 mixed-income apartments, a need in the local community.