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MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY .
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1. Michigan State Housing Development Authority 9th Annual
Asset Management Professionals’ Conference
Donna McMillan
Director, Office of Asset Management
Michigan State Housing Development Authority
2. MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY “MSHDA”
Provides financial and technical assistance through public and private partnerships to create and preserve safe and decent affordable housing.
3. What is Important to MSHDA as Lender and as the State Housing Finance agency? Property maintains its loan to value ratio and continues paying debt service until the debt is repaid in full Property remains in good physical condition for the residents Units are rented to the proper income group at the agreed upon rents