MSHDA Publishes List of LIHTC 9% Exchange Applications

On 7/17/09 MSHDA published its list of applications for LIHTC Exchange funds.  This list represents the total universe of potential “monetized” deals that would be processed on the US Treasury’s 1602 program.  Total amount of returned credit is $201,971,968.
See the entire list at:  http://www.michigan.gov/documents/mshda/MSHDA-Recovery-TaxCreditExchangeProgramApplicants7.19.09_286395_7.pdf

MSHDA Board Meeting Report

The MSHDA Board met on 7/22/2009.  Executive Director, Keith Molin, gave a report on the status of its NSP2 Grant Application.  The Application was submitted on behalf of a consortium of local communities and land banks.  The total amount of the Application is $290 Million.  A copy of the application is not yet available, but [...]

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