Islandview Greater Villages Duplexes
About the project
Develop Detroit is a team of mission-oriented developers striving to build and preserve high-quality housing that helps transform neighborhoods across Detroit, while also enabling a wide range of Detroiters to live, work and thrive. Guiding their approach is a strong belief that healthy cities are racially and economically diverse.
Develop Detroit is located in Detroit, MI.
LISC provided $2.7 MM loan through our MacKenzie Scott partnership to fund the Islandview Greater Villages project which is a duplex rehab project that consists of six duplexes, creating 12 units of for-sale housing. The rehab scope of work will deliver high quality for sale homes rehabbed to market rate standards. Islandview will be a mixed income redevelopment, with six (6) market rate homes, four (4) 80% AMI units, and (2) 60% AMI units
Partner:
Develop Detroit, Inc.
Location:
Detroit, MI
Total Investment:
$2.72 million
Results:
12 units
Project Category:
Affordable Housing;
Community Services
Product:
Construction
Website:
UN SDGs: