Woda Group, Inc. plans to build Grand View Place, a 68-unit affordable housing development, using Low-Income Housing Tax Credits from the Michigan State Housing Development Authority. The comprehensive development plan includes a 64-unit four story pavilion building and four city-front townhomes. All units will be visitable and there will be 7 barrier free units. Woda has been awarded more than $1.2 million in LIHTC for the project.
“These types of strategic investments are critical for the continued growth and prosperity of Grand Rapids,” said Sen. Dave Hildenbrand, R-Grand Rapids. “Ensuring that individuals, regardless of their income, can find safe, affordable and well-built housing is vital not only for their personal success but for the success of our entire community. Our sincere thanks goes out to both the developers and MHSDA for their work on making these projects a reality.”
The new affordable apartments will offer tenants numerous opportunities for walking or biking to activities and amenities, as well as employment opportunities in the downtown, Leonard corridor and the medical mile within under a mile from the property.
To increase connectivity to the residential neighborhood west of the site, Woda has budgeted $25,000 to make aesthetic and lighting improvements to the pedestrian tunnel that provides passage under US 131.
The developer estimates more than 100 jobs will be created through the development of the project.
