Michigan Compiled Laws Complete Through PA 9 of 2025
MCL Complete Through PA 9 of 2025
Senate adjourned until Wednesday, September 3, 2025 10:00 AM
Senate adjourned until 09/3/25 10:00 AM
House adjourned until Wednesday, August 27, 2025 1:30 PM
House adjourned until 08/27/25 1:30 PM
Document - Section 125.1444c
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Section 125.1444c
Use of proceeds of notes or bonds; qualification as rehabilitation; establishment of higher income limits; eligibility for occupancy; application; issuance of 6-month commitment to loan funds; limitation on outstanding loan commitments; fees; direct or indirect loan; sale, refinancing, or resyndication; allowable distributions; report to authority; authority-aided mortgage; monitoring compliance; remedies; regulation; liability; priority consideration; unified volume cap not as impairment; student housing project.