Explore Our Projects
Affordable Housing Preservation
Projects that fall under this type:
700 East Court Street, Flint, MI
800 East Court Street, Flint, MI
Beacon Place, Pontiac, MI
Buersmeyer Manor, Detroit, MI
Carriage Place, Pontiac, MI
Hartford Terrace, Muskegon, MI
Kamper and Stevens Buildings, Detroit, MI
Riverview Terrace Apartments, Traverse City, MI
Permanent Supportive Housing
Projects that fall under this type:
Auburn Place, Pontiac, MI
Beacon Place, Pontiac, MI
Buersmeyer Manor, Detroit, MI
Clay Apartments, Detroit, MI
Coolidge Place, Oak Park, MI
NSO Bell Building, Detroit, MI
Residences at St. Matthew, Detroit, MI
The Anchor at Mariners Inn, Detroit, MI
The Peterboro Arms, Detroit, MI
Vista de Socorro, Socorro, New Mexico
VOA St. Mary, Detroit, MI
Historic
Projects that fall under this type:
GRPC II – West Outer Drive, Detroit, MI
Kamper and Stevens Buildings, Detroit, MI
Lee Plaza, Detroit, MI
NSO Bell Building, Detroit, MI
Residences at St. Matthew, Detroit, MI
The Peterboro Arms, Detroit, MI
The Wills Manor, Marysville, MI
Transfiguration Place, Detroit, MI
VOA St. Mary, Detroit, MI
Senior
Projects that fall under this type:
700 East Court Street, Flint, MI
800 East Court Street, Flint, MI
Kamper and Stevens Buildings, Detroit, MI
Lake Huron Woods Apartments/Cottages, Fort Gratiot, MI
Lee Plaza, Detroit, MI
Minock Place, Detroit, MI
Parkview Apartments, Traverse City, MI
The Wills Manor, Marysville, MI
New Markets Tax Credits
Projects that fall under this type:
American Indian Health and Family Services, Detroit, MI
Detroit Horse Power, Detroit, MI
Lighthouse – Campus, Pontiac, MI
NSO Bell Building, Detroit, MI
Public Housing / HUD RAD Conversion
Projects that fall under this type:
Carriage Place, Pontiac, MI
Hartford Terrace, Muskegon, MI
Lake Huron Woods Apartments/Cottages, Fort Gratiot, MI
Parkview Apartments, Traverse City, MI
Riverview Terrace Apartments, Traverse City, MI
Vista de Socorro, Socorro, New Mexico
New Construction
Projects that fall under this type:
Auburn Place, Pontiac, MI
Clay Apartments, Detroit, MI
Coolidge Place, Oak Park, MI
La Joya Gardens, Detroit, MI
Lake Huron Woods Apartments/Cottages, Fort Gratiot, MI
Minock Place, Detroit, MI
Parkview Apartments, Traverse City, MI
The Anchor at Mariners Inn, Detroit, MI
Vista de Socorro, Socorro, New Mexico
All Projects
700 East Court Street, Flint, MI
Type: Senior Preservation
Number of Units: 119
Total Development Cost: $22,200,000
Financing: MSHDA 9% LIHTC, Philanthropy, Conventional Financing
Rental Subsidy: Section 8 Project Based Vouchers for 23 units from the Flint Housing Commission
Completion: In Process
800 East Court Street, Flint, MI
Type: Senior Preservation
Number of Units: 149
Total Development Cost: $23,200,000
Financing: MSHDA 4% LIHTC, Tax Exempt Bonds, HUD 202 Capital Grant, City of Flint HOME, HUD 221(d)(4) Financing
Rental Subsidy: HUD PRAC for all 149 units
Completion: In Process
American Indian Health and Family Services, Detroit, MI
Type: New Markets Tax Credits
Total Development Cost: $21,600,000
Financing: New Markets Tax Credits, Philanthropy, Government, Loan
Completion: March 2026
Auburn Place, Pontiac, MI
Type: Permanent Supportive Housing
Number of Units: 54
Total Development Cost: $25,000,000
Financing: MSHDA 4% LIHTC, MSHDA HCDF, Tax-Exempt Bonds
Rental Subsidy: MSHDA Project Based Vouchers for 30 units and Pontiac Commission Project Based Vouchers for 24 units
Completion: In Process
Beacon Place, Pontiac, MI
Type: Permanent Supportive Housing
Number of Units: 40
Total Development Cost: $13,000,000
Financing: MSHDA 4% LIHTC, Tax-Exempt Bonds
Rental Subsidy: MSHDA Project Based Vouchers for 16 units and Pontiac Housing Commission Project Based Vouchers for 8 units
Completion: In Process
Buersmeyer Manor, Detroit, MI
Type: Permanent Supportive Housing
Number of Units: 35
Total Development Cost: $11,200,000
Financing: MSHDA 4% LIHTC, Detroit HOME, Tax-Exempt Bonds
Rental Subsidy: MSHDA Project Based Vouchers for 23 units
Completion: In Process
Carriage Place, Pontiac, MI
Type: RAD Conversion of Family Public Housing
Number of Units: 234
Total Development Cost: $40,000,000
Financing: MSHDA 4% LIHTC with Tax-Exempt Bonds and MSHDA HOME, Oakland County HOME
Rental Subsidy: Project Based Voucher Contract for all 234 units from the Pontiac Housing Commission
Completion: December 2022
Clay Apartments, Detroit, MI
Type: Permanent Supportive Housing
Number of Units: 42
Total Development Cost: $12,000,000
Financing: MSHDA 9% LIHTC, Detroit HOME, Federal Home Loan Bank AHP, Conventional Financing
Rental Subsidy: MSHDA Project Based Voucher Contract for all 42 units
Completion: October 2020
Coolidge Place, Oak Park, MI
Type: Permanent Supportive Housing/Family Housing
Number of Units: 64
Total Development Cost: $15,000,000
Financing: MSHDA 9% LIHTC, Conventional Financing
Rental Subsidy: MSHDA Project Based Voucher Contract and Section 811 Rental Assistance for 16 Permanent Supportive Housing units
Completion: January 2021
Detroit Horse Power, Detroit, MI
Type: New Markets Tax Credits
Total Development Cost: $12,900,000
Financing: New Markets Tax Credits, Philanthropy, Government, Loan
Completion: December 2025
GRPC II – West Outer Drive, Detroit, MI
Type: Family Housing
Number of Units: 35
Total Development Cost: $9,700,000
Financing: MSHDA 4% LIHTC, MSHDA Bond Financing, Detroit HOME
Completion: In Process
Hartford Terrace, Muskegon, MI
Type: RAD Conversion of Senior/Disabled Public Housing
Number of Units: 165
Total Development Cost: $19,300,000
Financing: MSHDA 9% LIHTC, Conventional Financing, Federal Home Loan Bank of Indianapolis AHP
Rental Subsidy: Section 8 Project Based Vouchers for all 116 units from the Muskegon Housing Commission
Completion: December 2023
Kamper and Stevens Buildings, Detroit, MI
Type: Senior Preservation
Number of Units: 165
Total Development Cost: $27,000,000
Financing: MSHDA 4% LIHTC, Tax-Exempt Bonds, Historic Tax Credits, MSHDA HOME, Detroit HOME
Rental Subsidy: HUD HAP Contract for all 165 units
Completion: January 2019
La Joya Gardens, Detroit, MI
Type: Affordable Multifamily Housing
Number of Units: 53
Total Development Cost: $18,250,000
Financing: MSHDA 9% LIHTC, MSHDA 4% LIHTC, MEDC CRP, Detroit HOME, Conventional Financing
Rental Subsidy: Detroit Housing Commission Project Based Voucher Contract for 8 units
Completion: In Process
Lake Huron Woods Apartments/Cottages, Fort Gratiot, MI
Type: Senior Housing
Number of Units: 45 Independent Living Apartments / 45 Cottages
Total Development Cost: $24,000,000
Financing: MSHDA 4% LIHTC with Tax-Exempt Bonds, MSHDA HOME and MSHDA 9% LIHTC
Rental Subsidy: Section 8 Project Based Vouchers for 26 units from the Port Huron Housing Commission
Completion: In Process
Lee Plaza, Detroit, MI
Type: Senior Housing
Number of Units: 117
Total Development Cost: $70,000,000
Financing: MSHDA 9% LIHTC, MSHDA 4% LIHTC, Historic Tax Credits, Tax Exempt Bonds, Detroit HOME, Detroit ARPA, Detroit CDBG, NSP Funds, HUD 221(d)(4) Financing
Rental Subsidy: HUD Project Based Vouchers for all 115 units via HUD Section 8bb Program
Completion: In Process
Lighthouse – Campus, Pontiac, MI
Type: New Markets Tax Credits
Total Development Cost: $30,000,000
Financing: New Markets Tax Credits, Philanthropy, Government, Loan
Completion: December 2025
Minock Place, Detroit, MI
Type: Senior Housing
Number of Units: 42
Total Development Cost: $22,300,000
Financing: MSHDA 4% LIHTC, MSHDA Bond Financing, Detroit ARPA
Completion: In Process
NSO Bell Building, Detroit, MI
Type: Permanent Supportive Housing
Number of Units: 155
Total Development Cost: $48,000,000
Financing: MSHDA 9% LIHTC, Detroit HOME, Wayne County HOME, CDBG, Historic Tax Credits, Brownfield Tax Credits, New Markets Tax Credits, Foundation and Corporate Philanthropy
Rental Subsidy: MSHDA Project Based Voucher Contract for all 155 units
Completion: November 2012
Parkview Apartments, Traverse City, MI
Type: Senior Housing
Number of Units: 46
Total Development Cost: $14,000,000
Financing: MSHDA 9% LIHTC, MSHDA 4% LIHTC, Tax-Exempt Bonds, MSHDA HOME, Federal Home Loan Bank of Indianapolis AHP
Rental Subsidy: Section 8 Project Based Vouchers for 8 units from the Traverse City Housing Commission
Completion: In Process
Residences at St. Matthew, Detroit, MI
Type: Permanent Supportive Housing
Number of Units: 46
Total Development Cost: $17,300,000
Financing: MSHDA 9% LIHTC, Historic Tax Credits, Detroit HOME, Conventional Financing, Federal Home Loan Bank of Indianapolis AHP
Rental Subsidy: MSHDA Project Based Vouchers for 25 units and City of Detroit Rental Subsidy Reserve for 7 units
Completion: In Process
Riverview Terrace Apartments, Traverse City, MI
Type: RAD Conversion of Senior Public Housing
Number of Units: 115
Total Development Cost: $20,300,000
Financing: MSHDA 4% LIHTC with Tax-Exempt Bonds, MSHDA HOME, Federal Home Loan Bank of Indianapolis AHP
Rental Subsidy: Section 8 Project Based Vouchers for all 115 units from the Traverse City Housing Commission
Completion: December 2023
The Anchor at Mariners Inn, Detroit, MI
Type: Permanent Supportive Housing
Number of Units: 44
Total Development Cost: $18,500,000
Financing: MSHDA 9% LIHTC, MSHDA 4% LIHTC, Tax-Exempt Bonds, Detroit HOME, Conventional Financing
Rental Subsidy: MSHDA Project Based Voucher Contract for all 44 units
Completion: In Process
The Peterboro Arms, Detroit, MI
Type: Permanent Supportive Housing for Families
Number of Units: 56
Total Development Cost: $19,000,000
Financing: MSHDA 9% LIHTC, Historic Tax Credits, Detroit HOME, Conventional Financing
Rental Subsidy: MSHDA Project Based Voucher Contract, Detroit Housing Commission Project Based Voucher Contract and Section 811 Rental Assistance for all 56 units
Completion: April 2021
The Wills Manor, Marysville, MI
Type: Senior Housing
Number of Units: 48
Total Development Cost: $14,500,000
Financing: MSHDA 9% LIHTC, Conventional Financing
Rental Subsidy: Section 8 Project Based Vouchers for 23 units from the Marysville Housing Commission
Completion: In Process
Transfiguration Place, Detroit, MI
Type: Family Housing
Number of Units: 19
Total Development Cost: $7,000,000
Financing: MSHDA 4% LIHTC, Tax-Exempt Bonds, Historic Tax Credits, Detroit HOME
Rental Subsidy: Detroit Housing Commission Project Based Voucher Contract for all 19 units
Completion: In Process
Vista de Socorro, Socorro, New Mexico
Type: Permanent Supportive Housing
Number of Units: 32
Total Development Cost: $8,000,000
Financing: New Mexico MFA 9% LIHTC, New Mexico MFA HOME and Housing Trust Fund, National Housing Trust Fund, Conventional Financing
Rental Subsidy: Section 8 Project Based Vouchers for all 32 units from the El Camino Real Housing Authority
Completion: In Process
VOA St. Mary, Detroit, MI
Type: Permanent Supportive Housing
Number of Units: 61
Total Development Cost: $28,500,000
Financing: MSHDA 9% LIHTC, MSHDA 4% LIHTC, Historic Tax Credits, Detroit HOME, Tax-Exempt Bonds
Rental Subsidy: MSHDA Project Based Vouchers for all 61 units
Completion: In Process