12/16/21 - Money Available To Help With Low-Income Housing Needs

Thursday, December 16, 2021 at 8:17 AM

$13M will become available to help develop 690 new affordable housing units in Michigan.

Gov. Gretchen Whitmer, along with the Michigan State Housing Development Authority (MSHDA), announced $13 million has been awarded to build 690 new affordable housing structures in Michigan.

Developers who receive part of the $13 million in Low-Income Housing Tax Credits (LIHTC) are eligible to claim credits on their taxes each year for up to a full decade.

The state has released the following development projects as recipients of the LIHTC awards:

Lexington School Apartments (Grand Rapids): $874,283
MoTown Square Affordable Assisted Living (Grand Rapids): $1,337,120
GTB LIHTC #1 (Garfield Township): $638,539
Walter French (Lansing): $1.5 million
Orchard Manor Apartments (Flint): $779,625
700 E. Court Street Village (Flint): $1.5 million
The Blackstone (Jackson): $1,192,000
Lake Huron Woods Phase 2 Apartments (Fort Gratiot Township): $1,181,252
Center City Lofts (Midland): $1,138,000
Lee Plaza (Detroit): $1.5 million
West Belding (Belding): $444,584
Bramblewood Apartments (Lenox Township): $298,676
Perry Aces (Lenox Township): $250,118
Remus Apartments (Remus): $397,892

More from Local

03/03/25 - New Scams Target Homeowners in Kent County

These new scams are targeting homeowners over supposedly late tax bills.
2/25/25 - Local Schools Locked Down This AM - All Clear Sounded

A nearby domestic incident prompted the action for three schools in the Muskegon area.
02/24/25 - Joann Fabric Closing Their Doors

Despite multiple efforts to save the company, the fabric and craft store became a victim of more than financial issues.
8/15/24 - Groundbreaking For New Children's Rehab Hospital

Ground breaking is taking place today for a state-of-the-art, freestanding children’s rehabilitation hospital dedicated to helping kids achieve the best possible outcome through compassionate collaboration, innovation and interdisciplinary care.