Housing: housing development authority; eligibility for credits under the community development tax credit program; coordinate with Michigan strategic fund. Amends sec. 22 of 1966 PA 346 (MCL 125.1422) & adds sec. 22e. TIE BAR WITH: HB 5798'26, HB 5799'26

HB 5809 amends the State Housing Development Authority Act to update the powers of the Michigan State Housing Development Authority (MSHDA) regarding its coordination with federal programs and the Michigan Strategic Fund. The bill clarifies the authority's ability to collect fees for loans and publications, allowing those funds to be used for corporate purposes unless pledged for bond repayment. It also reinforces the authority's role in encouraging community organizations for housing projects and managing the salvage of usable housing scheduled for demolition. Additionally, the legislation ensures that the authority can make loans to mortgage lenders and purchase securities to support housing development efforts.