Great Lakes Cap Fund Announces Buy-Outs

The Lansing State Journal reported on 11/27/2009 that the Great Lakes Capital Fund is offering buyouts to some of its employees to cut costs.  According to the LSJ article the Cap Fund hopes to save $1.2 - $1.4 million or about 20% of its overhead costs over the next 12 months.  In the statement issued by the [...]

MSHDA Board Action - 11/18/2009

MSHDA  took the following action at its board meeting last week:
1.  Approved through another delegated authority process 8 projects participating in the 9% Exchange Program and three participating in the 9% Equity Support Program.
2.  Approved changes in the 9% Equity Support Program increasing the pricing support by 10 cents to 35 cents or higher if necessary [...]

DTE - Consumers - Offer $10 Million Energy Efficiency Upgrades

Tuesday, 17 November 2009, 8:58 | Category : Uncategorized
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DTE and Consumers Power are offering to install, free of charge, energy efficient light bulbs in apartment units - up to 8 per unit.  Other energy efficiency upgrades that they will install are:  low flow shower heads, low flow faucet aerators, pipe wrapping for individual hot water heaters. 
They will also work with owners on energy [...]

MSHDA Board Meeting 10-28-09 Action

MSHDA met on 10-28-09 and took the following actions:
1.  Authorized the Executive Director to grant TCAP and/or 1602 loans to 8 projects - LaVogue, St. Aubin Sq., Gadenview IIA & IIB, Oakland Place, Goodrich Apartments, and Ballentine Apartments. 
2.  Besides this delegated authority granted to the Executive Director, MSHDA approved the following TCAP and/or 1602 Loans [...]