West Village continues its development winning streak with the renovation of the Village Park Apartments at Van Dyke and Agnes.
, one of the largest nonprofit affordable housing companies in the State of Michigan, recently renovated the vintage 1927 building.
The $6 million renovation took approximately one full year to complete. In that time every single unit was renovated, working with pre-existing residents to ensure no one was displaced, and preserving the affordable component while also increasing the market rate.
Village Park was previously a state-owned asset in foreclosure. There are 56 one- and two-bedroom family units in two adjoining buildings that haven’t seen a substantial renovation in 35 years. The rental units are mixed income, offering both Section 8 and market rate housing.
MHT Housing received state and federal historic tax credits to renovate both buildings and update them from their outdated facilities.
"We provided the latest technology in heating and cooling with a lot of green components for utilities and appliances," says MHT Housing President T. Van Fox. Work was also done on the roof, windows, and elevators, and MHT also introduced a new high-security lock-and-key system. They also received brownfield tax credits for some environmental remediation of old fuel tanks.
"Today, this is a state-of-the-art facility with a preservation of the historical and a new component of modern living," Fox says.
The buildings are now at full occupancy.
Source: T. Van Fox, President of MHT Housing
Writer: Nicole Rupersburg
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