Detroit Receives 3 Competitive Awards To Preserve 318 Existing Affordable Housing Units, Build 218 More
“The Michigan State Housing Development Authority has awarded six competitive Low-Income Housing Tax Credit awards to five affordable housing developments in Detroit, nearly half of the 14 total credits awarded in this round statewide. The limited number of 9 percent low income housing tax credits will help create or preserve 536 units of affordable housing across the city, Mayor Mike Duggan and Gov. Gretchen Whitmer announced Monday”