Displaying items tagged: Inner City Christian Federation

Affordable housing should be a primary focus as Kent County develops a plan for spending $127.6 million in federal COVID-19 relief funding, participants said during a Thursday town hall event in Grand Rapids.

Historically high housing and fuel prices have made access to public transportation an increasingly important piece to developing much-needed affordable housing. 

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.

Developers and contractors see some light at the end of the tunnel as sky-high prices for lumber and other construction commodities begin to decrease from peaks during the pandemic. 

GRAND RAPIDS — The two-year redevelopment of the former Grand Rapids Christian High School building into a variety of uses, including 40 affordable apartment units, is now complete.

Integrated Architecture LLC was among several local firms recognized at the Grand Rapids chapter of the American Institute of Architects’ 2020 awards, receiving multiple commendations for its design of the new ADAC Automotive headquarters. 

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.

GRAND RAPIDS — A developer is scaling back plans for a mixed-use affordable senior housing project near downtown and is no longer seeking a commercial tenant at the space.

Here is the MiBiz growth report for May 10, 2020.

GRAND RAPIDS — Local developers are working to increase access to affordable housing for seniors who want to remain in their neighborhoods. 

GRAND RAPIDS — An Inner City Christian Federation-led project to renovate a former Grand Rapids neighborhood school into affordable housing has received a funding boost from the state.

GRAND RAPIDS — A house on Union Avenue SE may soon become part of the solution to providing safe and stable housing to the city’s growing population of homeless youths.

GRAND RAPIDS — Within three days of opening applications, 500 people applied to live in the new Garfield Park Lofts’ 36 units of affordable housing. 

GRAND RAPIDS — Tribally-owned Gun Lake Investments is making an active push into the West Michigan commercial real estate market with an investment in a high-profile redevelopment and three property acquisitions so far this year, MiBiz has learned. 

After helping save one historic building from the wrecking ball and rehabilitate it into usable office space, the Inner City Christian Federation is looking to do “an encore performance.”

Since 2011, median home prices have increased by nearly 70 percent while per capita income went up by only 11 percent. Now, Deanna Rolffs, vice president of housing and family services at ICCF, has a waitlist of more than 700 families who are in need of safe, affordable housing. Going into 2019, she thinks community leadership and collaboration could be the key to solving the region’s housing crisis. 

GRAND RAPIDS — Nine proposed affordable housing projects in West Michigan have been awarded tax credits.

GRAND RAPIDS — Five distinct areas of Grand Rapids’ southside likely will soon have an Area Specific Plan (ASP) to help guide development. 

GRAND RAPIDS — A Grand Rapids nonprofit is beginning efforts to create a land trust that will allow for low-income home ownership in the city’s core neighborhoods.

GRAND RAPIDS — The Bridge Street corridor west of downtown Grand Rapids continues to serve as a magnet for new housing options.

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

West Michigan commercial real estate industry insiders see signs of a genuinely healthy market, albeit one that’s likely plateaued. 

The $14.5 million acquisition of 177 homes in the Grand Rapids and Lansing areas required a “leap of faith” from Ryan VerWys and his team at the Inner City Christian Federation (ICCF).

After months of due diligence, Inner City Christian Federation (ICCF) announced Wednesday morning that it had finalized its acquisition of 177 residential properties in the West Michigan and Lansing areas.

GRAND RAPIDS — A local nonprofit real estate developer is in talks to acquire a large West and Mid-Michigan residential property portfolio from its current out-of-state owners, MiBiz has learned. 

As executive director of the Kent County Land Bank Authority, David Allen thinks his organization contributes to more affordable housing options in the greater Grand Rapids area.

An affiliate entity of Rockford Construction Company Inc. today received approvals and state Brownfield funds from the board of the Michigan Strategic Fund to move forward with its proposed “superblock” on Grand Rapids’ west side.

With tax credits awarded, the development of three new affordable housing projects in the area should move forward.

Mike VanGessel likes to talk about the “why” behind his company’s decision to invest in the long-neglected west side neighborhood of Grand Rapids.