Michigan State Housing Development Authority

11/25/2024 | Press release | Archived content

Housing Developments in Ottawa, Kent and St. Clair counties Approved by MSHDA Board

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Housing Developments in Ottawa, Kent and St. Clair counties Approved by MSHDA Board

Lansing, Mich. - During its November meeting, the Michigan State Housing Development Authority (MSHDA) Board approved funding for five affordable housing developments in Ottawa, Kent and St. Clair counties, reflecting continued progress in creating and preserving housing stock across Michigan.

"The approvals by the board are a critical step in implementing housing solutions for Michigan," said Amy Hovey, MSHDA CEO and Executive Director. "We're committed to producing tangible results that suit the needs of the people and communities we serve."

Two housing developments in Ottawa County were approved for funding by the Board. Gracious Grounds, in Grand Haven Township, received approval for $17.5 million to construct 77 new units of affordable housing for those with disabilities. All units will serve those between 30%-60% of Area Median Income (AMI). Setters Pointe, in the city of Coopersville, a 96-unit development with five accessible units, was approved for $16.1 million for rehabilitation activities. The activities will include exterior updates such as roofs and siding, along with interior updates such as, flooring, kitchen appliances and bathroom fixtures. All units are reserved for those between 30% and 60% AMI.

The board approved funds for two developments in Kent County. $7.1 million was approved for the rehabilitation of Heron Courtyard in the city of Grand Rapids. This development consists of 33 units with 16 accessible units, all units have Project-Based Vouchers and serve those with disabilities or special needs. Rehabilitation activities will include updates to flooring, HVAC systems, kitchens, bathrooms and landscaping. Kingsbury Place, a 44-unit development with 24 accessible units in the city of Walker, was approved for $9.3 million to conduct interior and exterior rehabilitation activities. Twenty-nine units are Permanent Supportive Housing units and will receive Project-Based Vouchers.

The board also approved $19 million in funding for acquisition and rehabilitation of North Port Apartments in Port Huron in St. Clair County, which consists of 251 units with 13 accessible units. 249 units are reserved for residents at or below 40%-80% AMI and 150 units are designated as senior housing. Interior and exterior updates will be made, including upgraded HVAC systems and appliances, roof replacement and new flooring.

As a result of this month's board action, MI Neighborhood has funded $34.8 million in grants statewide to support 990 units of housing since its launch in April.

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About MSHDA
The Michigan State Housing Development Authority (MSHDA), established in 1966, provides financial and technical assistance through public and private partnerships to create and preserve safe and decent affordable housing, engage in community economic development activities, develop vibrant cities, towns and villages, and address homeless issues.