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MSHDA Board approves senior housing development in Detroit

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MSHDA Board approves senior housing development in Detroit

Lansing, Mich. – At its November meeting, the Michigan State Housing Development Authority (MSHDA) Board approved funding for a senior housing development in Detroit.

The Board approved $14.9 million in loans for Meyers Senior Apartments II, a four-story new construction senior housing development. This development will consist of 73 new units for low- and moderate-income seniors in Detroit. The units will have amenities such as central air conditioning and individual patios and balconies. Amenities for the development will include a laundry room, fitness room, community room, computer center and planned activities for residents. The building will also have several security features, including a gated entry.

Meyers Senior Apartments II is located on the site of the former Lewis College of Business near the historic Livernois-McNichols neighborhood. The development will also benefit from and contribute to the ongoing revitalization efforts in the adjacent Fitzgerald neighborhood revitalization area.

“Affordable and attainable housing is crucial in the City of Detroit,” said Amy Hovey, MSHDA executive director. “Addressing the needs of Michigan communities and making strategic efforts to improve quality-of-life and access to safe housing is central to our mission.”



The Michigan State Housing Development Authority (MSHDA), established in 1966, provides financial and technical assistance through public and private partnerships to create and preserve safe and decent affordable housing, engage in community economic development activities, develop vibrant cities, towns and villages, and address homeless issues.