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Displaying items by tag: Housing Next

Land banks are emerging as an important resource to help fill the affordable housing shortage communities are facing in West Michigan and across the state.

West Michigan cities are examining new policies to expand affordable housing and create a supportive environment for developers as studies show an ongoing need for more units.

GRAND RAPIDS — The Grand Rapids City Commission has approved a brownfield tax incentive plan for a 10-unit apartment project in the city’s East Hills neighborhood.

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.

Published in Nonprofits

GRAND RAPIDS — The city of Grand Rapids needs to add nearly 9,000 housing units over the next five years to satisfy high market demand, according to a housing needs assessment prepared for city officials. 

HOLLAND — A new fund aims to cover pre-development costs to incentivize developers to add affordable housing in the Holland and Zeeland areas, MiBiz has learned.

As communities nationwide begin to examine the effects of single-family zoning on the density and affordability of housing, Grand Rapids has emerged as an example of how cities can function in the absence of those regulations.

For Housing Next Executive Director Ryan Kilpatrick, 2018 has been about laying the groundwork to get more affordable housing online in Ottawa County. Next year is “where the rubber hits the road,” when more than 600 new housing units will come online, with more yet in the pipeline, Kilpatrick said. Since January, Kilpatrick has worked with multiple municipalities to increase the amount of affordable housing in the county. He expects more tangible results to emerge in 2019.