Employer-Assisted Housing Fund (EAHF)

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Key Information

Due Date: Not Specified


Agency: Michigan State Housing Development Authority


Source: Michigan


Website: View Website


Funding Categories:

Funding Amount: $10,000,000


Funding Type: Grant


Match Required: Yes


Status: Closed


Contact Info: MSHDA-EAHF@michigan.gov
MSHDA Employer-Assisted Housing Fund staff

Overview

The Employer-Assisted Housing Fund is a state-funded initiative designed to help employers invest in housing solutions for income-eligible households. By bringing together employers, local governments, housing professionals, and MSHDA, the fund tackles economic challenges by ensuring workers have access to affordable homes near their jobs. Employers that contribute matching funds (cash investments, land donation, below-market interest loans, etc.) may qualify for resources to help develop new housing options. Rental housing must remain affordable for at least 10 years and for-sale housing must remain affordable for five years. When open, completed applications are reviewed on a first-come, first-served basis.
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Additional Info

Posted Date: September 16, 2024


Application Due Date: Not Specified


Estimated Award Date: Not Specified


Eligible Applicants:

  • For profit organizations other than small businesses
  • Small businesses
  • Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
  • Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
  • Others
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