2004 Senate Bill 1341 ↩

House Roll Call 1085: Passed

To revise the statutory limit on the outstanding debt of the Michigan State Housing Development Authority (MSHDA), and also make various revisions to the powers and operations of MSHDA. Among other things the bill would allow MSHDA to finance multifamily housing for students; eliminate the required allocation of units under the so-called Multifamily Pass Through Program to people who meet certain income levels; permit nonprofit housing corporations to qualify for long-term financing under the Pass Through Program; and revise certain income level qualifications for other subsidized housing projects. The bill also charges MSHDA with the task of examining the finances of the Michigan Broadband Authority, and its record on expanding the availability of broadband Internet service.