Grand Rapids City Commission moving forward on affordable housing developments worth $64 million

13 hours ago

The Grand Rapids City Commission Tuesday moved forward on three housing projects totaling over $60 million that will provide over 150 affordable housing units in the city.

Commissioner’s greenlit the proposed Garfield Park Lofts project Tuesday, a $9.4 million three-story residential building on the city’s southeast side.

The $40 million Plaza Roosevelt Redevelopment Project promises 17 new Habitat Kent homes, two 24-unit residential buildings, a new Grand Rapids Public Schools high school and a plaza or park.

Meanwhile the nearly $15 million eastern elementary redevelopment project will convert a former elementary school into a 50 residential apartments with around 2000 square feet of office space on the ground floor.

“Combined, these projects plan to build 151 units of housing, of which 136 units will be available to households earning 80 percent area median income, or below, helping achieve the goals of the Housing NOW! Initiative,” said Kara Wood, the City’s managing director of Economic Development Services. “These three projects also mark the first significant investment of grants by the City’s Local Brownfield Revolving Fund program.”