Michigan HOME Investment Partnerships

Administered by Michigan State Housing Development Authority · Michigan

BENEFIT

Up to $1M

Deadline type: annual

Eligibility Requirements

1Must serve households at or below 80% AMI
2Rental housing must remain affordable for minimum 20 years
3Homebuyer projects: buyers must be at or below 80% AMI
4Must meet federal HOME program requirements

Eligible Project Types

Affordable HousingResidentialMultifamily

STACKING POTENTIAL

Michigan HOME Investment Partnerships is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

Source: Michigan State Housing Development Authority official program page ↗ · Last verified 2026-03-10

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STACKABLE WITH

Michigan Community Revitalization Program

Up to $10M · Direct Grant

Michigan Historic Preservation Tax Credit

25% credit · Tax Credit

Michigan Brownfield TIF

Negotiated / contact agency · Tax Increment Financing

Michigan Business Development Program

Up to $10M · Direct Grant

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