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*Announcing $2.3 Million Dollars in Funding for the*
*MSHDA Mod Permanent Program, and the*
*MSHDA Multiple Modulars (M3) Pilot Initiative*
*Applications Due April 21, 2023*
MSHDA is pleased to announce that MSHDA Mod 2023 ? Round II will be accepting funding applications from non-profit organizations, local units of government, and for-profit entities meeting Limited Dividend Housing Association criteria. This funding is being provided to utilize modular or modified construction technology to construct standalone single-family homes statewide in communities with a need for workforce housing. In this funding round, there are two components:
* Component A which offers $1.3 million to fund up to five eligible applicants seeking to build one standalone single-family house for resale.
* Component B which offers $1 million to fund a development of four standalone single-family houses simultaneously for resale.
Construction funds are available up to $224,500 per house. The program serves as a catalyst to spur modular/modified construction technology housing units throughout Michigan.
*For an application and to view details of completed projects, visit www.michigan.gov/mshdamod [ [link removed] ]*
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