News
Leonard Apartments Groundbreaking
The Leonard Apartments groundbreaking event occurred November 13, 2024. The one-acre site located at 851 Leonard Street Northwest in Grand Rapids has been home to a historic former funeral home built in 1931. The prior building was used most recently for Genesis...
LIHTCs Fund Permanent, Supportive Housing Development in Grandville, Mich.
Genesis Non Profit Housing Corporation (GNPHC) started 15 years ago to develop permanent, supportive housing in Kent County, Mich. With this mission in mind, the property owner and developer once again added to its portfolio with the completion of Genesis Woods...
Developers Try, Try, Succeed in Landing LIHTCs for Senior Affordable Housing Property in Grand Rapids, Michigan
Co-developers Genesis Non-Profit Housing Corp., Little River Holdings LLC, and Dwelling Place were awarded $14 million in low-income housing tax credits (LIHTCs) in August to help finance the Leonard Apartments, a 55-apartment senior housing property that will open in...
Developers win $1.4M in tax credits for 55-unit senior housing project in Grand Rapids
It took three tries, but the developers behind a long-in-the-works senior housing project on the west side of Grand Rapids have secured federal low-income housing tax credits. Co-developers Genesis Non-Profit Housing Corp. in Grand Rapids and Manistee-based Little...