Affordable housing projects advancing in Detroit - The Detroit News

Oct 19, 2020 · Jim Holley Residences at 9001 Woodward Ave. The 60 units at the Jim Holley Residences will all be affordable. The $17.8 million project will also feature 5,000 square feet …

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Affordable Housing Projects Advancing In Detroit - The Detroit News

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Oct 19, 2020 · Jim Holley Residences at 9001 Woodward Ave. The 60 units at the Jim Holley Residences will all be affordable. The $17.8 million project will also feature 5,000 square feet …

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Detroit Developer Celebrates The Grand Opening Of ... - City Of …

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Oct 17, 2024 · “The Ribbon,” an $8.2 million development, is the largest development along the E. Warren Ave. corridor in decades and will bring another 18 units of brand-new affordable …

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Detroit Nets $1B Housing Investment With E Jefferson Development

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Apr 12, 2024 · The project is another step forward for Detroit as the city approaches its 2014 goal to preserve 8,000 affordable units and build 2,000 more units, Duggan said at a …

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$1 Billion In Affordable Housing In 5 Years: Mayor ... - City Of Detroit

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Apr 12, 2024 · 71 developments built or under construction since 2018 providing 4,646 units of affordable housing, most of which are reserved for households earning between 30% and 60% …

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Detroit, Developers Work To Boost Affordable Housing ... - The …

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Aug 16, 2022 · The city announced in late June the development received $2 million in low-income housing tax credits. When it opens in fall 2023, the complex will provide 150 units …

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Construction Begins On “The Beauton,” A New $7.3M ... - City Of …

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Jul 17, 2023 · Detroit developer Charles Dickerson III breaks ground on a new construction project creating 29 brand new apartments that will be guaranteed at affordable rates for the …

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New $7.3M "The Beauton" Development Introduces Affordable …

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3 days ago · "The Beauton," a $7.3M affordable housing project, opens in Detroit's North End, offering 29 units with a 12-year affordability guarantee.

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$10M Gift Boosts Affordable Housing Expansion In Detroit - The …

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Jan 12, 2022 · 0:05. 1:02. Detroit — An effort to add and preserve affordable housing in Detroit got a $10 million boost Wednesday, one of its largest commitments since the fund launched …

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Additional Funding Secured For Affordable Housing Projects In Detroit

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Jun 29, 2022 · The city of Detroit has secured $12.1 million in funding that it says will help ensure nearly 500 units of affordable housing will be completed in the city. “We have an urgent …

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Detroit Housing Plans - City Of Detroit

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Affordable Housing For Detroiters: 7 Point, $203 Million Plan for 2022 Mayor Mike Duggan and Detroit City Council Members Mary Waters, Latisha Johnson, and Angela Calloway have …

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Mayor Mike Duggan's Legacy: He Stabilized Detroit ... - The Detroit …

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5 hours ago · The mayor announced earlier this year the city has experienced $1 billion in affordable housing investments since 2019 and a University of Michigan report showed that …

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FAQs about Affordable housing projects advancing in Detroit - The Detroit News Coupon?

Will Detroit's new subsidized housing project get a $24 million loan?

Detroit Mayor Mike Duggan on Tuesday announced a new financing tool for developers to build more affordable housing in downtown Detroit, and the first project expected to get loans to create new subsidized units is the District Detroit development with a $24 million investment. ...

How many affordable housing units are there in Detroit?

Together, they are responsible for 4,646 units of affordable housing in Detroit. Those units are a mix of 1,612 units in newly constructed apartment buildings and renovated formerly vacant buildings, as well as 3,036 existing affordable housing units in buildings that have been renovated. ...

How will Detroit's new housing developments impact the community?

The new developments will bring their investments with them into 46 Detroit neighborhoods they impact, alongside tens of thousands of residents able to access quality, affordable housing, said Julie Schneider, director of the housing and revitalization department. ...

What is Detroit's affordable housing plan?

Detroit's affordable housing plan, which costs $203 million, was unveiled by city leaders Thursday. The plan, which includes seven steps, aims to address housing insecurity and protect Detroiters from rising rent costs. Detroit Mayor Mike Duggan was joined by three new city councilmembers – Mary Waters, Angela Whitfield-Calloway, and Latisha Johnson – to outline the details. ...

Who are Detroit City Council members credited for promoting affordable housing?

The Mayor also credited several city council members for their leadership and dedication to the issue of affordable housing. “Council President Sheffield has been a consistent advocate and support of affordable housing development in Detroit since taking office in 2014. ...

What are Detroit's major housing proposals?

Detroit City Council passed two major housing proposals. One ramps up affordable housing financing and another overhauls the city's rental ordinance. ...