GRANTRADAR/Grant Programs/Low Income Housing Tax Credit Program
Michigan StateTax CreditStackable

Low Income Housing Tax Credit Program

Administered by Michigan State Housing Development Authority (MSHDA) · Michigan

BENEFIT
Up to $20M
Deadline type: annual

Eligibility Requirements

  • 1Must submit detailed financial information and supporting documentation to MSHDA for review
  • 2Applications evaluated according to Michigan's Qualified Allocation Plan
  • 3Must serve low- or moderate-income tenants at restricted rent
  • 4Process involves three stages: reservation, commitment, and allocation of credit

Eligible Project Types

MultifamilyAffordable Housing
STACKING POTENTIAL

Low Income Housing Tax Credit Program 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.

AFTER YOU WIN
View the Low Income Housing Tax Credit Program compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.