Michigan HB5809 amends the housing development authority's powers to coordinate with the Michigan Strategic Fund for low-income housing tax credits.

Michigan HB5809 amends the Michigan Housing Development Authority's powers by allowing it to coordinate with the Michigan Strategic Fund to confirm project eligibility for low-income housing tax credits and recommend additional credits. This coordination aims to streamline the process for housing projects to benefit from tax credits, ensuring they meet necessary criteria and receive appropriate financial support. The bill also ensures that the authority's actions do not conflict with local zoning or housing ordinances.

Michigan HB5809 amends the housing development authority's powers to coordinate with the Michigan Strategic Fund for low-income housing tax credits.

Michigan HB5809 amends the Michigan Housing Development Authority's powers by allowing it to coordinate with the Michigan Strategic Fund to confirm project eligibility for low-income housing tax credits and recommend additional credits. This coordination aims to streamline the process for housing projects to benefit from tax credits, ensuring they meet necessary criteria and receive appropriate financial support. The bill also ensures that the authority's actions do not conflict with local zoning or housing ordinances.