Application for MSHDA’s Gap Financing Program is due by March 1, 2013February 22, 2013
The Michigan State Housing Development Authority (MSHDA) has announced that the application and Preliminary or Reduced Scope Market Study is due by March 1, 2013. If you have not yet ordered the Preliminary or Reduced Scope Market Study, you will need to do so by Friday, February 15, 2013. Follow the link provided for more details: GAP Financing NOFA
Flint Township approves contract extensions for police and fire chiefs, controller; six things to know about Tuesday's board meetingFebruary 22, 2013
-Flint Township has received $300,000 in Michigan State Housing Development Authority Money to demolish five buildings that remain at Brookstone Valley Apartments. The apartment complex off Flushing Road closed in November 2011, after the owner failed to pay a nearly $54,000 water bill. Four buildings, a garage and pool area were demolished in 2012.
Money for Blight Elimination is Being Awarded in Southwest MichiganFebruary 22, 2013
Berrien-Cass-Van Buren County Michigan Works, the City of Plainwell and the Village of Constantine will receive money for blight elimination. The Michigan Department of Human Services, Michigan Land Bank and MSHDA are awarding 34 municipal, township and county entities nearly $15-million for the program. Dave Akerly with MSHDA explains what communities will be using the money for.
Michigan Department of Human Services, Michigan Land Bank and MSHDA announce $15 Million in Blight Elimination FundingFebruary 22, 2013
Lansing, Mich. Feb. 20, 2013- DHS Director Maura Corrigan is pleased to announce that 34 municipal, township and county entities statewide will share in $15 million in funding to help eliminate blight in their communities.
The awards range from approx. $3.7 million to the Genesee County Land Bank to $10,000 awarded to the Houghton County Land Bank. All geographic regions of the state have been represented in the final funding decision.
Funding for these awards comes from a March 2012 settlement reached by 49 state attorneys general, including Michigan Attorney General Bill Schuette, following a lawsuit over mortgage foreclosure practices. Among other things, the settlement resulted in payments to the states. Of Michigan's $97.2 million share, the legislature through state law allocated $25 million to the creation of a Blight Elimination Program to help communities demolish vacant and abandoned properties with the goal of promoting public safety, stabilizing property values and enhancing current and future development opportunities.
Interior Secretary, Levin to talk historic preservation in DetroitJanuary 30, 2013
U.S. Secretary of the Interior Ken Salazar, Senator Carl Levin and Michigan officials will host a meeting in Detroit tomorrow to talk about how tax breaks for historic preservation projects can help distressed cities.
In a statement, Secretary Salazar says the Federal Historic Preservation Tax Incentives program has been used for 70 projects in Detroit since 2000. He says he wants to talk about how that program can help revitalize the city.