Posted Oct 26, 2022, 2:23 PM
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Detroiter4life
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Join Date: Jul 2001
Location: Back home in Georgia!
Posts: 4,061
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Nonprofit plans homeless housing, retail space across from Little Caesars Arena
Quote:
The nonprofit Mariners Inn is close to wrapping up financing for a $25.5 million development of permanent supportive housing for the chronically homeless and retail space across from Little Caesars Arena in Detroit.
If all goes according to plan, the nonprofit could break ground on The Anchor development as soon as March and move people into the new apartments 18 months later, CEO Dave Sampson said.
The project has attracted just more than $13 million in low-income housing tax credits through the Michigan State Housing Development Authority, $10 million in federal HOME funds and block grant funding from the city, Sampson said, and a $1 million grant from the McGregor Fund.
Mariners Inn, which provides substance use treatment, recovery housing and permanent supportive housing for the chronically homeless, will launch an appeal to raise the remaining $1.5 million for the project during its annual gala Saturday night, Sampson said.
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https://www.crainsdetroit.com/nonpro...retail-project
Last edited by DetroitMan; Oct 26, 2022 at 3:46 PM.
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