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Market Study Initiation Request Form for 20242025 Tax Credit Allocation Years www.michigan.gov/mshdaEnter Project Name in Section B. Project InformationMICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY
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How to fill out revised mshda market study

01
Obtain the revised MSHDA market study form from the official MSHDA website.
02
Fill out all the required sections in the form, including property information, market analysis, and financial data.
03
Provide accurate data and supporting documentation to back up your market study findings.
04
Submit the completed revised MSHDA market study form to the appropriate MSHDA office for review.

Who needs revised mshda market study?

01
Developers and investors who are seeking funding or tax credits for affordable housing projects in Michigan.
02
Lenders and financial institutions that require a market study as part of their financing approval process.
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The revised MSHDA market study is an updated analysis required by the Michigan State Housing Development Authority (MSHDA) to assess market conditions, housing demand, and supply in a specific area for the development of affordable housing.
Developers and organizations seeking funding or approval for affordable housing projects from MSHDA are required to file a revised MSHDA market study.
To fill out the revised MSHDA market study, applicants must gather relevant data on local housing markets, demographic trends, and economic conditions, and then complete the standardized forms provided by MSHDA, including any necessary analysis of the data.
The purpose of the revised MSHDA market study is to provide MSHDA with a comprehensive overview of housing needs and market dynamics to make informed decisions regarding funding and support for affordable housing initiatives.
The revised MSHDA market study must report information regarding local population demographics, housing supply and demand, rent levels, income levels, and projections for future housing needs.
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