Michigan SB0923 amends the housing development authority's powers to coordinate with the Michigan Strategic Fund for tax credit eligibility.

Michigan SB0923 amends the Michigan Housing Development Authority's powers to include coordinating with the Michigan Strategic Fund to determine eligibility for certain credits under the community development tax credit program. The bill also allows the authority to send letters to the fund confirming project eligibility and recommending additional credits. The authority can make loans, acquire property, set standards for housing projects, and engage in various housing-related activities.

Michigan SB0923 amends the housing development authority's powers to coordinate with the Michigan Strategic Fund for tax credit eligibility.

Michigan SB0923 amends the Michigan Housing Development Authority's powers to include coordinating with the Michigan Strategic Fund to determine eligibility for certain credits under the community development tax credit program. The bill also allows the authority to send letters to the fund confirming project eligibility and recommending additional credits. The authority can make loans, acquire property, set standards for housing projects, and engage in various housing-related activities.