MSHDA Supports Statewide Housing Plan Goals with $60 Million ‘MI Neighborhood’ Application

The Michigan State Housing Development Authority (MSHDA) has opened the MI Neighborhood application, which consolidates nine targeted programs and funding to address the regional goals identified through the implementation of the Statewide Housing Plan.

MI Neighborhood is a blend of $60 million in funding in response to regional action plans strategic alignment with the Statewide Housing Plan. This new application streamlines access to three main housing activity components: rehabilitation, new unit, and/or public amenities.

MI Neighborhood is open to developers, nonprofits, and units of local government, and applications will be accepted as long as funding is available. Up to $60 million will be awarded in the current fiscal year, with the next round of funding beginning October 1, the start of the state’s new fiscal year. Regional investment targets, based on the 15 regional housing partnerships identified in the Statewide Housing Plan, have been developed using an equitable, transparent, data driven strategy.

Grants awarded through MI Neighborhood will be supported by state and federal funding. It is intended to be a low-barrier, common application that will be accessible to experienced and emerging community developers, nonprofits, and municipal leaders alike. Projects will be prioritized that are most aligned with the regional action plans, and applications will be reviewed on a rolling basis as they are received.

Local units of government can access the application and more information on the MI Neighborhood page on the MSHDA website.

Jennifer Rigterink is the League’s assistant director of state and federal affairs handling economic development, land use, and municipal services issues. She can be reached at [email protected].