Michigan laws relating to economic development and housing - pzcenter msu 2025

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The Michigan State Housing Development Authority (MSHDA), established in 1966, provides financial and technical assistance through public and private partnerships to create and preserve safe and decent affordable housing, engage in community economic development activities, develop vibrant cities, towns and villages,
The Department of Housing and Urban Development (HUD) administers programs that provide housing and community development assistance. The Department also works to ensure fair and equal housing opportunity for all.
Public Housing provides decent and safe rental housing for eligible low-income families, the elderly and persons with disabilities. HUD provides federal aid to local Public Housing Authorities (PHA) that manage public housing for low-income residents at rents they can afford.
MSHDA Details: Income limits vary statewide from $64,100 to $123,620, total household income, determined by location and family size. Credit score: Minimum 640 (660 for manufactured homes) Maximum acreage: 2 acres: 1 buildable lot. (exceptions up to 5 acres may apply)
The Michigan State Housing Development Authority is one of the public housing agencies tasked with administering the Housing Choice Voucher (HCV) program in Michigan.
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10, 1965, President Johnson signed the Housing and Urban Development Act. The act expanded funding for existing federal housing programs, provided rent subsidies for the elderly and disabled, assisted in the construction of more low-income housing, and provided funds for public works projects.
AN ACT to create a state housing development authority; to define the powers and duties of the authority; to establish a housing development revolving fund; to establish a land acquisition and development fund; to establish a rehabilitation fund; to establish a conversion inium fund; to create certain other funds
The true statement about the Michigan State Housing Development Authority (MSHDA) is option C: It works with private lenders to offer low-interest rate loans to low- and moderate-income families. MSHDAs primary goal is to enhance housing accessibility for these families, supporting community development.
AN ACT to provide for the creation of public economic development corporations; to prescribe their powers and duties; to provide for their dissolution; to provide for the issuance of notes and other evidence of indebtedness; to provide for the issuance of bonds; to validate bonds, notes, and other evidence of

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