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MSHDA outlines statewide housing funding programs, new housing TIF and accelerator pilot
Summary
Michigan State Housing Development Authority chief housing investment officer Tony Lenti described recent program growth, Housing TIF uptake and new pilot financing intended to expand production and bridge construction financing gaps.
Tony Lenti, chief housing investment officer at the Michigan State Housing Development Authority (MSHDA), told the joint Traverse City study session that 2024 was MSHDA’s most productive funding year and summarized a set of programs and pilot financing tools the state is offering to expand housing supply. “In 2024, we had a great year for investment in housing,” Lenti said, and described a portfolio that includes tax‑credit financing, a $110 million “missing middle” program, the MyNeighborhood small‑scale investment program, a housing tax‑increment financing (TIF) program and a new accelerator…
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