Michigan State Housing Development Authority | MSHDA Bond Cap Increase
MSHDA legislative staff worked with both stakeholders and elected officials to pass much needed legislation allowing them to continue their affordable housing mission. The proposed bill amended MSHDAās governing statute (Public Act 346 of 1966) to increase MSHDAās limit on corporate bonds and notes from what was, at the time, a $3.4 billion limit to a maximum of $5 billion.
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