Michigan State Housing Development Authority Agenda Packet 2026-05-21
Novogradac market study services extended by MSHDA
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Description
MSHDA proposes a 12‑month extension of Novogradac & Company LLP’s contract to prepare market studies for affordable housing developments starting around June 1, 2026. The work supports prudent Authority funding decisions.
Contract Details
Contract Amount
$8,000 for a full study; $3,850 for a reduced scope study; $2,000 for a market study update (paid by developers per assignment)
Vendor
NOVOGRADAC & COMPANY LLP
Agency
Michigan state Housing Development Authority, MI
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 21, 2026
Contract Term
Twelve-month extension beginning on or about June 1, 2026 and expiring on or about May 31, 2027
Renewal Date
2027-05-31
Renewal Info
One-year contract extension under the existing market study vendor panel, with an option for a further one‑year extension.
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Local Housing Authority
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