LANSING, Mich. (WJMN) — Michigan State Housing Development Authority (MSHDA) has announced the launch of the Tribal Nations Housing Development Assistance Program (TNHDAP).
The new program aims to expand affordable housing capacity for the 12 tribal nations in Michigan. The program will assist tribes in building new housing while also supporting needed upgrades to existing homes, as well as provide resources and support that each tribe needs to develop affordable housing programs and projects that respond to their unique housing needs.
“At MSHDA, we are always looking to find new and innovative ways to bring attainable and affordable housing to Michiganders across the state,” said Amy Hovey, MSHDA chief executive officer and executive director. “Because of this funding and support, Michigan’s sovereign tribal nations will be better equipped with the resources and knowledge they need to expand their affordable housing capacity within their communities.”
The Federal Home Loan Bank of Indianapolis is supporting this program with a grant of up to $3 million. The grant will provide flexible funding to help remove barriers to program participation and will cover critical predevelopment expenses, respond to additional capacity building needs and opportunities, and help bridge project financing gaps.