<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1018706268302959&amp;ev=PageView&amp;noscript=1">
((o
Knowledge • News • Insights
 o))
In Partnership With

MSHDA Board Caps Off Another Productive Year for Affordable Housing

Michigan Business Network
December 19, 2024 5:00 PM

mshda Cropped

Lansing, Mich. –  The Michigan State Housing Development Authority (MSHDA) Board closed out one of the most productive calendar years for housing in agency and state history during its December meeting.

“We are thrilled to see another record-breaking year for housing in Michigan and the positive impact it will have on communities throughout the state,” said Amy Hovey, MSHDA CEO and Executive Director. “We’re taking all of this momentum into 2025 and will continue to invest all of our resources into innovative solutions for quality, affordable housing.”

Among MSHDA’s successes this year was major progress for MI Neighborhood, which launched in April 2024 in alignment with the Statewide Housing Plan, and has now awarded $40.8 million in funding to support 1,138 units of housing in Michigan.

The board welcomed a new resident member, Evangelina Hernandez of Lansing. She is a former health and wellness specialist and retirement specialist for the City of Lansing and secretary for the Michigan American Association of Retired Persons (AARP) Senior Community Service Employment Program. Her term will expire March 10, 2026. Following today's bipartisan Senate passage of House Bill 5031, Hernandez will soon have full voting privileges, instead of being restricted to voting on matters involving federal public housing programs and tenant-based housing assistance programs.

Three developments in the city of Detroit also received support at this month’s meeting.

###

About MSHDA
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, and address homeless issues.Cinnaire - Banner Ad

  • mshda-generic-logo-original-700_original
  • MSHDA_SL_MI-Neighborhood_Horizontal
  • bmcc-email-banner-v2_crop
  • download (3)-2

Michigan Business Network is an online broadcasting company that provides knowledge, news, and insights into Michigan’s businesses, industries, and economy.