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Displaying items tagged: Dwelling Place

Friday, 13 January 2023 12:27

6 West Michigan affordable housing projects receive $6.1M in tax credits

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. 

Wednesday, 11 January 2023 14:31

Dwelling Place set to break ground on 42-unit community land trust housing project

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. 

Friday, 16 December 2022 15:17

West Mich. housing organizations awarded $4.2M from state Missing Middle Housing Program

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

Thursday, 03 November 2022 19:27

Ottawa, Kent counties aim to maximize ARPA with housing revolving loan funds

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.

Thursday, 25 August 2022 18:10

Former Wyoming office space eyed for affordable housing project

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

Sunday, 31 July 2022 18:00

‘BEHIND THE BUBBLE’: Housing underproduction in Michigan worsens

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. 

Tuesday, 19 July 2022 18:11

Construction begins on 52-unit affordable apartment project in Belknap Lookout

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. 

Thursday, 16 June 2022 17:30

4 West Michigan affordable housing projects receive $4.4M in tax credits

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. 

Sunday, 24 April 2022 18:49

MiBiz Growth Report: April 25, 2022

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

Published in Economic Development

Tuesday, 12 April 2022 12:08

Dwelling Place plans 46-unit downtown Holland affordable housing project

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.

Tuesday, 15 March 2022 17:22

HUD announces $2.6B in continued, new funding for homeless housing programs

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. 

Sunday, 13 February 2022 19:00

MiBiz Growth Report: February 14, 2022

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

Published in Economic Development

Sunday, 13 February 2022 18:17

$12.2M Belknap Lookout affordable housing project aims to stop displacement in neighborhood

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.

Tuesday, 01 February 2022 16:35

Dwelling Place seeks affordable housing on downtown GR surface parking lot

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.

Thursday, 20 January 2022 14:34

GR officials downplay neighborhood concerns, say unique housing project is needed

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.

Sunday, 12 December 2021 14:22

GR Planning Commission OKs rezoning for 42-unit Dwelling Place development

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. 

Sunday, 24 October 2021 18:30

Dwelling Place pursues 47-unit community land trust housing in southeast Grand Rapids

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.

Sunday, 06 June 2021 12:00

Affordable housing remains in focus as nonprofit exec takes new role

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.

Published in Nonprofits

Tuesday, 25 May 2021 14:50

Dwelling Place housing nonprofit selects Jeremy DeRoo as new CEO

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

Published in Nonprofits
Sunday, 13 September 2020 17:51

GR nonprofits seek land bank properties, state legislation to grow affordable housing stock

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.

Monday, 31 August 2020 16:16

Housing nonprofits able to purchase, develop affordable housing on vacant GR properties

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

Published in Nonprofits

Sunday, 02 August 2020 10:08

MiBiz Growth Report: August 2, 2020

MiBiz growth report for August 2, 2020.

Published in Economic Development
Sunday, 24 November 2019 18:07

Dwelling Place takes on two affordable housing pilot programs

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.

Wednesday, 23 October 2019 15:20

Orion Construction, nonprofits start on West Garfield Park development

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.

Sunday, 01 September 2019 15:29

Momentum continues for apartment development across Grand Rapids

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

Sunday, 20 January 2019 20:14

FINDING MOMENTUM: The Rapid secures nearly $1 million to study ways to spur growth along Silver Line route

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.

Published in Economic Development
Sunday, 29 July 2018 19:37

Grand Rapids shifts to working with nonprofits for tax foreclosed properties

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

Published in Economic Development

Saturday, 26 May 2018 14:20

United Bank to Open Downtown GR Branch

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.

Published in Finance
Friday, 26 January 2018 10:10

Trio of Grand Rapids affordable housing projects receive federal tax credits

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

Published in Breaking News
Sunday, 07 January 2018 00:25

New opportunities eyed for GR’s South Division Avenue

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.

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