Nailah, LLC will break ground on Nailah Commons, a 35-unit affordable townhouse development, in April or May. The units will be scattered along E. Ferry and E. Kirby streets between St. Antoine and Chrysler Drive, a location that developer Julio Bateau says will "complete the gate of the Art Center neighborhood."
There are three styles of units that will be built:
• Seven one-bedroom, 900-square foot units priced at $155,000;
• Nineteen two-bedroom, 1,200-square foot units priced at $175,000;
• And nine three-bedroom, 1,200-square foot units priced at $190,000.
All will be brick-front, in order to "maintain the historic flavor of the neighborhood," Bateau says.
Buyers below 80% of the Area Median Income can receive up to $50,000 in subsidy per unit due to a commitment in HOME funds from the City of Detroit. Bateau says, "This will bring income equity as far as being affordable to buyers in the area."
Interested buyers must be pre-qualified and take homeowner classes; for more information, contact Nailah at 313.874.3545.
Source: Julio Bateau, Nailah, LLC