Are you seeking affordable housing options in Michigan, but not sure where to start? The Michigan State Housing Development Authority (MSHDA) may have the solution for you. MSHDA is a government agency in Michigan that offers affordable housing programs to low and moderate-income families throughout the state.

One of the ways MSHDA provides affordable housing is through the management agreement program. This program works by partnering with private companies or non-profit organizations to manage and operate affordable housing properties. By doing so, MSHDA is able to leverage the expertise of these companies while ensuring that affordable housing is available to those who need it most.

Under the management agreement program, the private company or non-profit organization is responsible for the day-to-day management of the property, including maintenance, leasing, and tenant relations. In exchange, MSHDA provides financial assistance to help cover the costs associated with operating the property.

The management agreement program is available for a variety of affordable housing options, including rental properties, senior housing, and supportive housing for those with disabilities. The program is designed to provide safe, decent, and affordable housing to those who may not be able to otherwise afford it.

To be eligible for the management agreement program, the property must meet certain requirements set forth by MSHDA. These requirements include having all necessary licenses and certifications, meeting health and safety standards, and adhering to fair housing policies.

If you are interested in affordable housing through the management agreement program, you can find a list of participating properties on MSHDA’s website. You can also contact MSHDA directly for more information on the program and eligibility requirements.

Overall, the management agreement program is an important part of MSHDA’s efforts to provide affordable housing options to those in need throughout Michigan. By partnering with private companies and non-profit organizations, MSHDA is able to maximize the impact of its resources and ensure that affordable housing is available to those who need it most.