Detroit's revitalization has created one of the most incentive-rich environments for affordable housing investment in the country. With extremely low acquisition costs, aggressive land bank programs, and Michigan's LIHTC, investors can build affordable housing portfolios with minimal capital.
These programs are available specifically to investors and developers in the Detroit, MI market.
Sells city-owned properties for as little as $1,000 to developers committed to rehabilitation, creating extremely low-basis affordable housing.
Learn moreMichigan allocates LIHTC credits with a QAP that strongly favors Detroit developments and projects addressing blight.
Learn moreProperty tax abatements for up to 15 years on new construction and rehabilitation in designated neighborhoods.
Learn morePublic-private initiative targeting investment in 10 Detroit neighborhoods with housing, commercial, and infrastructure improvements.
Low-Income Housing Tax Credits are the largest source of affordable housing financing in the U.S. In Michigan, credits are allocated by MSHDA.
Credits are allocated by MSHDA through their Qualified Allocation Plan (QAP), which outlines scoring criteria and priorities.
View MSHDA LIHTC ProgramLand Bank properties available for as low as $1,000 — some of the lowest entry points in the U.S.
NEZ tax abatements save thousands annually for 15 years
52 Opportunity Zones across the city with massive upside potential
MSHDA QAP heavily favors Detroit projects in competitive rounds
FundNow Capital provides DSCR loans, bridge financing, and portfolio loans that complement government incentive programs in Detroit.
Qualify using Section 8 rental income — government-backed rents strengthen your DSCR ratio.
Learn moreShort-term financing to acquire and stabilize properties before permanent LIHTC or agency financing.
Learn moreFinance multiple properties in Detroit's Opportunity Zones under a single loan structure.
Learn moreTell us about your Detroit investment plans. We'll match you with the best financing options within 24 hours.