Today, was MSHDA’s last meeting of the calendar year.  MSHDA took up the following actions:
1.  Approved a change in its interest rate swap confirmation from SIFMA-based to LIBOR-based.  Mr. Sykes, Finance Director, indicated that there was some “tax” risk to changing the swap confirmation but that MSHDA would realize a present value savings of $12.3 [...]

MSHDA now has its NSP PowerPoint on its website - or get a copy here.
http://michigan.gov/documents/mshda/mshda_NSP_Powerpoint_Presentation_to_MCDA_259572_7.ppt
Training is coming in mid-Janauary with applications due in mid-February.

See link below to latest info on Shaun Donavan.
http://viewdc.blogspot.com/2008/12/donovan-chosen-as-hud-secretary-reports.html