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MSHDA describes housing grants, launches $10 million employer-assisted housing pilot
Summary
Michigan State Housing Development Authority executive director Amy Hovey told the House Appropriations Subcommittee that state appropriations for FY 2023 and FY 2024 are fully obligated, described regional programs and said a $10 million Employer Assisted Housing Fund pilot has already attracted demand.
Amy Hovey, executive director of the Michigan State Housing Development Authority, told the House Appropriations Subcommittee on Labor and Economic Opportunity that 100% of the FY 2023 and FY 2024 state housing appropriations to MSHDA have been obligated to projects across the state.
Hovey said a large portion of the state funds flow through the Housing Community Development Fund to support homeless services and the My Neighborhood program, which implements regional housing plans developed by 15 regional housing partnerships. “We use the funds the state appropriates to the housing community development funds to fund the My Neighborhood program, which funds the implementation of those regional plans,” Hovey said.
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