The Michigan State Housing Development Authority is launching the Missing Middle Housing Program to provide funds to non-profit organizations to develop and rehabilitate properties.
Howell Township sells land for $1.1M, affordable apartments planned
A proposed 220-unit apartment complex that will increase affordable housing in Howell is moving forward.
Howell Township is selling about 27 acres northwest of the intersection of Highland Road/M-59 and Oak Grove Road to real estate investment firm Union Development Holdings for $1.1 million.
About 60% of the apartments would be affordable units as defined by the Michigan State Housing and Development Authority. They would be backed by federal subsidies that give renters a break on rent based on their income.
The affordable apartments are estimated to be priced as low as $661 a month, based on a renter s income.