GRAND RAPIDS, Mich. (via WOOD TV 8) — Two affordable housing projects in Grand Rapids have been given the green light after being awarded about $2.1 million in state tax credits by the Michigan State Housing Development Authority.
Both projects hope to provide more options to families and individuals being priced out of housing in the increasingly expensive market caused by a push to develop and invest in Grand Rapids.
“There’s been a huge amount of investment in the West Side neighborhood over the last few years, a lot of that being market-rate housing, a lot of it being commercial and a side effect of that is rising housing costs,” explained Chris Bennett, the director of Housing & Community Development for Grand Rapids nonprofit Dwelling Place.
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