In combined Michigan Investments
Sq.Ft. of Commercial Space Created
In Annual Insurance Savings
In NMTC Authority
Housing Units Created
Mt Pleasant, MI
This project is located Mount Pleasant, Michigan is the redevelopment of a 1.34-acre, 50,000-square-foot site. Comprising 4 stories, this mixed-used development will contain a 10,000-square-foot commercial space for the Green Tree Cooperative Grocery and 48 mixed-income apartments on the upper floors. The expected completion date is fall 2021.
starting at $/mo.View Property
Bridge Street Lofts
Grand Rapids, MI
This five-story, new construction building are located at 449 Bridge Street, with stunning views of Grand Rapids’ West Side.
starting at $875/mo.View Property
This four-story, new construction building is located at 207 South Mitchell Street, on the corner of South Mitchell Street and East Cass Street in beautiful downtown Cadillac!
starting at $900-1500/mo.View Property
East Bay Flats
Traverse City, MI
East Bay Flats is a Workforce Housing Community and is for households earning an annual income beginning at $35,000
starting at $700/mo.View Property
We were created to attract capital that MEDC and MSHDA are not eligible to access.
We are the only organization in the state that deploys these resources 100% to Michigan projects. We serve ONLY Michigan.
Currently providing property insurance to over 7,200 doors of affordable and attainable housing.
New Market Tax Creditsance
A focus on accessible jobs for low income households, healthy food access and housing.
Providing bridge loans for deferred developer fees or EGLE or MEDC Grants.
Equity in Real Estate
A focus on housing for families between 61% and 120% of the area median income.
As an independent non-profit 501(c)(3) tax-exempt public charity whose Board of Directors is comprised of representatives of low to moderate income communities across Michigan. We have received $145M in Federal New Market Tax Credit Allocation Authority, and in addition to MEDC and MSHDA, we receive support from our Bank Partners.
New Markets Tax Credits
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