Housing: housing development authority; eligibility for credits under the community development tax credit program; coordinate with Michigan strategic fund. Amends sec. 22 of 1966 PA 346 (MCL 125.1422) & adds sec. 22e. TIE BAR WITH: SB 0925'26

Summary

The bill updates Section 22 of the Housing Development Authority Act, giving the authority new powers such as setting fees, conducting housing studies, making loans, and managing property. It also creates a new Section 22e to handle eligibility for community‑development tax credits and to align the authority’s work with the Michigan Strategic Fund. These changes affect the authority, developers, community groups and low‑income households by broadening tools for housing development.

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