At 11:45 AM today, CEDAM received the following information from MSHDA
via email:

"On December 21, 2007, Governor Granholm sent a letter request to the
MSHDA board regarding the boards approval of the 2008/09 QAP, including
the Winter 2008 funding round.  That letter was previously posted on the
MSHDA website and con be viewed by going to www.michigan.gov/mshda.  A
special meeting of MSHDA will be held on Friday, January 4, 2008 to
consider the Governor's request.  This meeting will be held in MSHDA's
Detroit Office and will also be simulcast via video link in MSHDA's
Lansing Office.  The public may attend the meeting in either location.
The special meeting will start at 3 p.m.

Submission of applications under the 2008/09 QAP for the Winter funding
round was conditioned on approval of the QAP.  Since approval has not
yet been obtained, the Winter funding round calling for application
submission by January 7, 2008 is suspended and will be rescheduled
following the MSHDA board's special meeting.


This updated information will be available on MSHDA's web site, sometime
after noon today, on the following pages:

Governor Letter to the MSHDA Board:

http://www.michigan.gov/mshda/0,1607,7-141-5587_5601-182587--,00.html

2008 Funding Round Information:

http://www.michigan.gov/mshda/0,1607,7-141-5587_5601-182280--,00.html

If the links do not work, go to www.michigan.gov/mshda and click on 'Developers and Contractors', then 'LIHTC Program'.  The Governor's letter is in the
Events section of the main LIHTC page (and also on the front page of the
MSHDA web site), and the 2008 Funding Round page is in the LIHTC Funding
Information section of the main LIHTC page."

CEDAM will continue to track developments on the QAP. Please contact Angie Gaabo at 517-485-3588 for more information.