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Grant: HOUSING DEVELOPMENT AUTHORITY, MICHIGAN STATE

Primary Recipient

HOUSING DEVELOPMENT AUTHORITY, MICHIGAN STATE

Amount

$63,974,711.00

Award Date

6/24/2009

Administering Agency

Housing and Urban Development, Department of

CDFA Number

14.258

CDFA Program Title

Tax Credit Assistance Program (Recovery Act Funded)

Description

The Tax Credit Assistance Program (TCAP) is being used by the Authority to provide gap financing to affordable multifamily rental properties that are participating in the Low Income Housing Tax Credit (LIHTC) Program affected by the deteriorating housing

Recipients Connected to Award

Recipient Role Amount
FREEDOM PLACE APARTMENTS LIMITED DIVIDEND HOUSING ASSOCIATION LIMITEDPARTNERSHIP Sub-recipient $5,919,994.00
Beacon Hill Preservation Limited Dividend Housing Association Sub-recipient $4,622,600.00
VILLAGE OF ROYAL OAK, LDHA Sub-recipient $4,247,768.00
Butternut Creek Preservation L Sub-recipient $3,727,500.00
GREENTREE 2009 LIMITED DIVIDEND HOUSING ASSOCIATION L.L.C. Sub-recipient $3,487,966.00
GINGER SQUARE 2009 LIMITED DIVIDEND HOUSING ASSOCIATION LLC Sub-recipient $3,082,797.00
WINDSONG LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED Sub-recipient $2,365,173.00
DELHI STRATFORD PLACE LIMITED DIVIDEND HOUSING ASSOCIATION LIMITEDPARTNERSHIP Sub-recipient $2,285,000.00
ARBORS OF LUDINGTON APARTMENTS LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP Sub-recipient $2,240,312.00
GAYLORD II LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP Sub-recipient $2,190,000.00
Webster-Excel Ldha Sub-recipient $2,176,747.00
LIBERTY LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP Sub-recipient $2,150,599.00
SILVER MAPLE VILLAGE 2009 LIMITED DIVIDEND HOUSING ASSOCIATION L.L.C. Sub-recipient $2,116,869.00
Sycamore House, LLC Sub-recipient $2,105,040.00
GDC - DS LIMITED DIVIDEND HOUSING ASSOCIATION, LLC Sub-recipient $1,920,927.00
KALAMAZOO GLADESHIRE LIMITED DIVIDEND HOUSING ASSOCIATION LIMITEDPARTNERSHIP Sub-recipient $1,904,023.00
WOODSIDE SQUARE 2009 LIMITED DIVIDEND HOUSING ASSOCIATION L.L.C. Sub-recipient $1,841,250.00
BWM APARTMENTS LIMITED DIVIDEND HOUSING ASSOCIATION LLC Sub-recipient $1,760,023.00
ST. PAUL SAGINAW 2009 LIMITED DIVIDEND HOUSING ASSOCIATION LIMITEDPARTNERSHIP Sub-recipient $1,760,023.00
GATEWAY LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP Sub-recipient $1,541,835.00
GREATER LANSING NON-PROFIT HOUSING CORPORATION Sub-recipient $1,513,022.84
BARNETT STATION LIMITED DIVIDEND HOUSING ASSOCIATION, LLC Sub-recipient $1,490,652.00
MCCALLA GREENE LIMITED DIVIDEND HOUSING ASSOCIATION Sub-recipient $1,157,981.00
PARK MEADOWS OF SOUTH HAVEN LDHA LP Sub-recipient $950,000.00
ALPINE ALTEN ZIEMER II 2009 LDHA Sub-recipient $897,486.00
EXCEL - COASTAL III LIMITED DIVIDEND HOUSING ASSOCIATION LIMITEDPARTNERSHIP Sub-recipient $757,772.00
KBJ GREENBRIAR LIMITED DIVIDEND HOUSING ASSOCIATION LIMITEDPARTNERSHIP Sub-recipient $753,000.00
SUNRISE VILLAGE SENIOR APARTMENTS Sub-recipient $693,337.00
GOODRICH LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP Sub-recipient $666,697.00
SCOTT BUILDING LTD DIVIDEND HO Sub-recipient $632,317.00
1777 Haslett Road Limited Dividend Housing Association Limited Partnership Sub-recipient $446,000.00
KINGSTON PLACE LIMITED DIVIDEND HOUSING ASSOCIATION, LLC Sub-recipient $350,000.00
COBBLESTONE VILLAGE LIMITED DIVIDEND HOUSING ASSOCIATION LIMITEDPARTNERSHIP Sub-recipient $220,000.00
HOUSING DEVELOPMENT AUTHORITY, MICHIGAN STATE Primary recipient $0.15

Vendors Connected to Award

Vendor Role Amount
Loomis, Ewert, Parsley, Davis & Gotting Sub-vendor $5,814.18
State of Michigan Sub-vendor $10.00
St. James Capital, LLC Sub-vendor $1,256.25
Loomis, Ewert, Parsley, Davis & Gotting Sub-vendor $2,215.88
Kraft Engineering & Surveying, Inc. Sub-vendor $600.00
Applied Science & Technology, Inc. Sub-vendor $1,666.00
Clampett Industries LLC (EMG, Inc.) Sub-vendor $3,250.00
Global Realty Srvices Group, LLC Sub-vendor $2,300.00
Global Realty Srvices Group, LLC Sub-vendor $600.00
Progressive Associates, Inc Sub-vendor $4,060.80
Kotz, Sangster, Wysocki and Berg, P.C. Sub-vendor $6.00
Kotz, Sangster, Wysocki and Berg, P.C. Sub-vendor $276.00
Loomis, Ewert, Parsley, Davis & Gotting Sub-vendor $33.75
Applied Science & Technology, Inc. Sub-vendor $294.00
Michigan State Housing Development Authority Sub-vendor $2,000.00
Progressive Associates, Inc Sub-vendor $8,800.00
Lawyers Title Insurance Company Sub-vendor $12,073.96
Carl Skrzynski Sub-vendor $23,795.51
Kraft Engineering & Surveying, Inc. Sub-vendor $2,900.00
Michigan State Housing Development Authority Sub-vendor $5,700.00
Michigan State Housing Development Authority Sub-vendor $6,000.00
Terzo & Bologna Inc. Sub-vendor $2,000.00
Applied Science & Technology, Inc. Sub-vendor $6,930.50
Central Great Lakes Office Sub-vendor $26,780.00
Kuiper Orlebeke PC Sub-vendor $70,061.66
Fryling Construction Sub-vendor $37,023.00
DTS Winkelmann Architects Sub-vendor $49,608.75
Tim Mrozowski, a.i.a, Architecture Sub-vendor $3,380.00
Value City Furniture Sub-vendor $29,167.72
Capitol Bedding Sub-vendor $3,014.00