Displaying items tagged: Dwelling Place

Housing projects in Grand Rapids, Kalamazoo, Traverse City, Spring Lake and Three Rivers received nearly $6.1 million in the latest round of Low Income Housing Tax Credits administered by the state. 

GRAND RAPIDS — Nonprofit housing developer Dwelling Place plans to break ground this spring on a years-long project to build 42 homes in Grand Rapids’ Garfield Park Neighborhood. 

Four West Michigan housing nonprofits will receive $4.2 million in state grant funding to construct or upgrade 71 homes and rental units.

Ottawa and Kent counties are both considering using federal stimulus money to create revolving loan funds to make a dent in the region’s housing shortage by providing financing continuity instead of funding individual projects.

WYOMING — West Michigan affordable housing developers are pursuing a rare conversion of vacant office space into apartments.

Arecently published study from Up for Growth, a national housing advocacy and research group, found housing underproduction in Michigan has reached 87,491 homes — a 311-percent increase since 2012. 

GRAND RAPIDS — Construction has started on a $12.2 million housing project in Grand Rapids’ Belknap Lookout neighborhood that aims to bring housing affordability to a rapidly growing area of the city. 

Two affordable housing developments in Grand Rapids and another each in Wyoming and rural Barry County secured Low Income Housing Tax Credits in the latest round of awards for the key development funding mechanism. 

Here is the MiBiz Growth Report for April 11, 2022.

HOLLAND — Nonprofit housing organization Dwelling Place is partnering with First United Methodist Church and Hope Church to develop a 46-unit, affordable apartment development in downtown Holland.

The U.S. Department of Housing and Urban Development has announced $2.6 billion in Continuum of Care funding for roughly 7,000 housing and service programs addressing homelessness across the country. 

Here is a snapshot of company activity from our February 14, 2022 print edition.

GRAND RAPIDS — Property once planned for a high-end residential project is now slated to be redeveloped into 52 affordable apartments in the city’s Belknap Lookout neighborhood.

GRAND RAPIDS — Dwelling Place is planning major renovation work on its longtime affordable housing units in downtown Grand Rapids and continues to seek financing to convert a surface parking lot into more housing.

GRAND RAPIDS — City officials are set to consider zoning changes in support of an affordable housing development that they say is needed but has received pushback from some nearby residents.

GRAND RAPIDS — The city’s Planning Commission on Thursday approved a rezoning that would facilitate the construction of 42 condominium lots as well as the construction of a four-story office building in the Garfield Park Neighborhood. 

GRAND RAPIDS — Nonprofit housing developer Dwelling Place is planning to construct nearly 50 single-family condominium units in Grand Rapids that would be permanently affordable under a community land trust model.

For nearly 13 years, Jeremy DeRoo has played an integral role in seeking equity within disadvantaged Grand Rapids neighborhoods, particularly when it comes to housing and development opportunities.

GRAND RAPIDS —The Dwelling Place board of directors has selected Jeremy DeRoo as the nonprofit housing developer’s next CEO.

GRAND RAPIDS — Local housing nonprofits are beginning to vet dozens of vacant properties made available through the state’s Land Bank Authority in an effort to fill the city’s need for affordable housing.

GRAND RAPIDS — Nonprofit housing organizations will now have the ability to purchase and redevelop up to 60 different foreclosed properties for affordable housing projects.

MiBiz growth report for August 2, 2020.

GRAND RAPIDS — A pair of pilot programs will target two distinct populations of people to help them gain further access to affordable housing in downtown Grand Rapids.

GRAND RAPIDS — Nonprofits LINC Up and Dwelling Place, along with general contractor Orion Construction Co. Inc., broke ground today on the second phase of an affordable housing development in Grand Rapids’ Garfield Park neighborhood.

GRAND RAPIDS — Developers of apartments in Grand Rapids are still seeing high demand for market-rate units.

A new effort aims to find ways to kickstart economic growth along The Rapid’s Silver Line bus route from Grand Rapids though southern Kent County.

GRAND RAPIDS — A change in policy implemented earlier this month by the City of Grand Rapids could boost inventory for affordable housing organizations.

GRAND RAPIDS — United Bank will become the latest entry into the downtown banking market with the planned opening of a new office later this year.

Three proposed Grand Rapids developments have received more than $2.7 million in federal tax credits for the creation of affordable housing units.

GRAND RAPIDS — Planners and neighborhood stakeholders believe that investing in some basic infrastructure in downtown Grand Rapids’ Heartside district could help spur equitable economic development.