$11 million is now available from Detroit’s Housing & Revitalization Dept. to rehabilitate affordable housing and historic buildings

On September 21, 2020, the City of Detroit, Michigan‘s Housing and Revitalization Department announced the release of the September 2020 Notice of Funding Availability (NOFA).

This funding, totaling $11 million, will support the preservation, rehabilitation, and/or development of affordable housing units in the city.

$3 million of that amount is allocated for the new Historic Rehabilitation / Preservation category. This is intended to assist residential buildings in historically significant districts of the City in order to prevent displacement of low-income residents.

Applicants to this category must agree to preserve affordability for current low-income residents up to 60% AMI in addition to making a minimum of 20% of all residential units affordable to families earning 80% of AMI.

All developers applying through this NOFA, or who will be seeking support for a 9% LIHTC application, must schedule a pre-application review meeting. To schedule a meeting, email Denise Jackson at jacksonde@detroitmi.gov.

Apply by: November 6, 2020.

Photo of historic Detroit warehouses turned into residences is by Storm Cunningham.

See more info + application package (PDF).

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