Lighthouse | Pontiac, Michigan
New Markets Tax Credits
American Indian Health and Family Services, Detroit
Type: Health Care Facility
Total Development Cost: $21,600,000
Financing: New Markets Tax Credits, Philanthropy, Government, Loan
Completion: March 2026
Detroit Horse Power, Detroit
Type: Equine Center with Programming for Detroit Youth
Total Development Cost: $12,900,000
Financing: New Markets Tax Credits, Philanthropy, Government, Loan
Completion: December 2025
Lighthouse, Pontiac
Type: Campus Redevelopment with Enhanced Social Services
Total Development Cost: $30,000,000
Financing: New Markets Tax Credits, Philanthropy, Government, Loan
Completion: December 2025
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