The Watershed – Root & Branch
The Watershed, a development by Root & Branch Real Estate, has redeveloped three underutilized sites downtown Sturgis by constructing a new modern, five-story, 25,000-SQFT mixed-use building. The roughly $11 million-project was supported with $10 million in New Markets Tax Credit allocation from MCC in addition to contributions from the City of Sturgis, MEDC, and Old National Bank.
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Michigan Community Capital and other mission-driven partners supported the redevelopment and expansion of the Allen Neighborhood Center (ANC) in 2020. The project, including the new development of Allen Place apartments, redeveloped an existing, two-story building into a three-story, mixed-use development. A small portion of the existing two-story building was occupied by ANC, a community-based non-profit providing a breadth of community services within the region.
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Robinson Landing
Robinson Landing is a newly developed 30-home neighborhood in Grand Haven, Michigan, designed to meet the housing needs of middle-income residents. With home prices ranging from $139,900 to $314,900, the neighborhood offers a mix of home types to accommodate a variety of residents, including first-time homebuyers and retirees.
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MCC Developments
CDFI Lending
New Markets Tax Credits