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	<title>Genesis Housing Corporation</title>
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	<link>https://genesisnphc.org/</link>
	<description>Affordable, Permanent, Supportive Housing</description>
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	<title>Genesis Housing Corporation</title>
	<link>https://genesisnphc.org/</link>
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	<item>
		<title>Leonard Apartments is OPEN and NOW LEASING!</title>
		<link>https://genesisnphc.org/leonard-apartments-is-open-and-now-leasing/</link>
		
		<dc:creator><![CDATA[updatebyRVWS]]></dc:creator>
		<pubDate>Fri, 09 Jan 2026 20:11:32 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://genesisnphc.org/?p=30250</guid>

					<description><![CDATA[<p>One and two-bedroom apartments are available for seniors 55+. Located at: 851 Leonard NW Community Manager: Amanda Phone: (616) 282-2220 Email: LeonardApartments@kmgprestige.com Leonard Apartments is conveniently located on the Northwest side of Grand Rapids. The partnership project with the Dwelling Place of Grand Rapids and the Little River Band of Ottawa Indians features both Grand [&#8230;]</p>
<p>The post <a href="https://genesisnphc.org/leonard-apartments-is-open-and-now-leasing/">Leonard Apartments is OPEN and NOW LEASING!</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>One and two-bedroom apartments are available for seniors 55+.</p>
<p>Located at: 851 Leonard NW<br />
Community Manager: Amanda<br />
Phone: (616) 282-2220<br />
Email: LeonardApartments@kmgprestige.com</p>
<p>Leonard Apartments is conveniently located on the Northwest side of Grand Rapids. The<br />
partnership project with the Dwelling Place of Grand Rapids and the Little River Band of<br />
Ottawa Indians features both Grand Rapids Housing Commission and Wyoming Housing<br />
Commission project-based vouchers available for income qualified applicants.</p>
<p>There are forty-eight one-bedroom apartments and seven two-bedroom apartments, all of<br />
which are accessible, with eight able to accommodate wheelchair users. Each unit comes<br />
equipped with an electric stove, refrigerator, microwave, washer, dryer, and expansive<br />
storage space. The modern fixtures and appliances provide a technology ready,<br />
comfortable environment for seniors in the prime of life.</p>
<p>There is an 1,100-square-foot community room available for residents to use for<br />
community events and family gatherings. Outdoor spaces include a lower-level courtyard<br />
and two rooftop decks on the south side of the building, connected by a bridge. Parking is<br />
available in the onsite lot as well as on Leonard Street.</p>
<p>We would love to have you join this vibrant community!</p>
<p>The post <a href="https://genesisnphc.org/leonard-apartments-is-open-and-now-leasing/">Leonard Apartments is OPEN and NOW LEASING!</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
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		<title>Community Announcement of Chris Bennett as Genesis CEO</title>
		<link>https://genesisnphc.org/community-announcement-of-chris-bennett-as-genesis-ceo/</link>
		
		<dc:creator><![CDATA[builtbyRVWS]]></dc:creator>
		<pubDate>Tue, 14 Oct 2025 15:12:30 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://genesisnphc.org/?p=30233</guid>

					<description><![CDATA[<p>Genesis Nonprofit Housing Corporation 2110 Leonard Street NE Grand Rapids, Michigan 49505 October 10, 2025 Dear Genesis NPHC Friends and Community Partners, You may be aware that John Wynbeek, the current Chief Executive Officer (CEO) of Genesis Nonprofit Housing Corporation (Genesis) will soon be retiring after more than seventeen years of dedicated leadership. In February [&#8230;]</p>
<p>The post <a href="https://genesisnphc.org/community-announcement-of-chris-bennett-as-genesis-ceo/">Community Announcement of Chris Bennett as Genesis CEO</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h3>Genesis Nonprofit Housing Corporation</h3>
<p>2110 Leonard Street NE<br />
Grand Rapids, Michigan 49505</p>
<p class="p1">October 10, 2025</p>
<p class="p1">Dear Genesis NPHC Friends and Community Partners,</p>
<p class="p1">You may be aware that John Wynbeek, the current Chief Executive Officer (CEO) of Genesis Nonprofit Housing Corporation (Genesis) will soon be retiring after more than seventeen years of dedicated leadership. In February of this year, the Genesis Board launched an extensive search process to find John’s replacement.</p>
<p>Today, the Genesis Board is pleased to announce the appointment of Chris Bennett as our new CEO. Chris will be assuming his new role on Monday, October 20, 2025. At that time, John will step down as CEO, serving as a consultant to Chris through the transition process.</p>
<p>Chris joins Genesis with more than 15 years of experience in affordable housing and community development. He most recently served as a Real Estate Development Analyst with Enterprise Community Partners, where he played a key role in advancing housing opportunities for underserved communities across the Midwest.</p>
<p class="p1">Prior to his work at Enterprise, Chris served as the Director of Housing and Community Development at Dwelling Place, where he oversaw multiple housing initiatives and fostered strong partnerships with local stakeholders. Earlier in his career, he worked with the City of Grand Rapids Community Development Office as a Contract Administrator, gaining valuable experience in public-sector collaboration and compliance.</p>
<p>Throughout his career, Chris has demonstrated a deep commitment to advancing affordable housing, strengthening neighborhoods, and creating opportunities for individuals and families to thrive. His vision and leadership will be instrumental as Genesis continues to grow its impact and pursue new opportunities to expand housing stability across West Michigan.</p>
<p>We invite you to join us in welcoming Chris to Genesis Nonprofit Housing Corporation. We look forward to working with him as we continue to strive to provide safe, affordable, and sustainable housing solutions in the communities where we work.</p>
<p>Sincerely,<br />
<strong>Dennis Sturtevant</strong><br />
Board President<br />
Genesis Nonprofit Housing Corporation</p>
<p><strong>The mission of Genesis is to assist individuals with disabilities and those facing age-related challenges in maximizing their potential through the comprehensive provision of quality housing and support services.</strong></p>
<p>The post <a href="https://genesisnphc.org/community-announcement-of-chris-bennett-as-genesis-ceo/">Community Announcement of Chris Bennett as Genesis CEO</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
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		<title>Construction Progress: Leonard Apartments</title>
		<link>https://genesisnphc.org/construction-progress-leonard-apartments/</link>
		
		<dc:creator><![CDATA[builtbyRVWS]]></dc:creator>
		<pubDate>Fri, 19 Sep 2025 11:26:02 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://genesisnphc.org/?p=30217</guid>

					<description><![CDATA[<p>Construction of Leonard Apartments continues and is expected to be completed slightly ahead of schedule. This unique senior (55+) housing community will offer green space in an attractive front courtyard as well as outdoor gathering space on the two sizeable rooftop patios. The two patios are connected by a suspended bridge and will be available [&#8230;]</p>
<p>The post <a href="https://genesisnphc.org/construction-progress-leonard-apartments/">Construction Progress: Leonard Apartments</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Construction of Leonard Apartments continues and is expected to be completed slightly ahead of schedule. This unique senior (55+) housing community will offer green space in an attractive front courtyard as well as outdoor gathering space on the two sizeable rooftop patios. The two patios are connected by a suspended bridge and will be available for all residents and their guests to enjoy. Each patio will have community garden boxes and comfortable patio seating provided for use.</p>
<p>The apartments are equipped with large windows offering an abundance of natural light, hard surface flooring in the kitchen, living rooms, bathroom areas, and carpet in the bedrooms. Appliances provided in each apartment are a washing machine, dryer, range/oven, microwave, and dishwasher. An abundance of storage includes soft close kitchen and linen cabinets and large closets with an installed bike hook. Door security includes a camera and in apartment video monitors so guests can be seen and identified before they are allowed entrance to the building.</p>
<p>The building is equipped with security surveillance cameras, way finding elements, an elevator, community spaces, and a first-floor mail and package room. There is exterior lighting and available parking.</p>
<p>If you would like to know more or be placed on the waitlist, please visit the link below and complete the form with your contact information.</p>
<p><a href="https://waitlist.kmgprestige.com/leonardapartments">https://waitlist.kmgprestige.com/leonardapartments</a></p>
<p>The post <a href="https://genesisnphc.org/construction-progress-leonard-apartments/">Construction Progress: Leonard Apartments</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
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		<title>Leonard Apartments Update!</title>
		<link>https://genesisnphc.org/the-leonard-apartments-building-project-is-currently-on-budget-and-on-time/</link>
		
		<dc:creator><![CDATA[updatebyRVWS]]></dc:creator>
		<pubDate>Thu, 10 Apr 2025 19:42:55 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://genesisnphc.org/?p=30149</guid>

					<description><![CDATA[<p>The Leonard Apartments building project is currently on budget and on time! The Pinnacle Construction team have worked through some frigid temperatures during the winter to keep this project on track and we appreciate their dedication. The expected completion date is December 2025. Leasing will begin as soon as occupancy permits are in place. Below [&#8230;]</p>
<p>The post <a href="https://genesisnphc.org/the-leonard-apartments-building-project-is-currently-on-budget-and-on-time/">Leonard Apartments Update!</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Leonard Apartments building project is currently on budget and on time! The Pinnacle Construction team have worked through some frigid temperatures during the winter to keep this project on track and we appreciate their dedication. The expected completion date is December 2025. Leasing will begin as soon as occupancy permits are in place.</p>
<p>Below are some photos of the progress since groundbreaking on November 13, 2024. All four floors are now in place and the crane is no longer on site. Installation of wiring, windows, plumbing, and insulation are currently underway. We at Genesis Non-Profit are grateful for all the partners actively coordinating and working to bring Leonard Apartments to completion. We look forward to the grand opening of this unique space at the end of the year!</p>
<div class="leonard-apts">

<a href='https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-2.jpg'><img fetchpriority="high" decoding="async" width="600" height="427" src="https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-2.jpg" class="attachment-full size-full" alt="The Leonard Apartments building project 2" srcset="https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-2.jpg 600w, https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-2-480x342.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 600px, 100vw" /></a>
<a href='https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-3.jpg'><img loading="lazy" decoding="async" width="601" height="419" src="https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-3.jpg" class="attachment-full size-full" alt="The Leonard Apartments building project 3" srcset="https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-3.jpg 601w, https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-3-480x335.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 601px, 100vw" /></a>
<a href='https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-5.jpg'><img loading="lazy" decoding="async" width="622" height="400" src="https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-5.jpg" class="attachment-full size-full" alt="The Leonard Apartments building project 5" srcset="https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-5.jpg 622w, https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-5-480x309.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 622px, 100vw" /></a>
<a href='https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-4.jpg'><img loading="lazy" decoding="async" width="616" height="404" src="https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-4.jpg" class="attachment-full size-full" alt="The Leonard Apartments building project 4" srcset="https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-4.jpg 616w, https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-4-480x315.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 616px, 100vw" /></a>
<a href='https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-6.jpg'><img loading="lazy" decoding="async" width="630" height="420" src="https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-6.jpg" class="attachment-full size-full" alt="The Leonard Apartments building project 6" srcset="https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-6.jpg 630w, https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-6-480x320.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 630px, 100vw" /></a>
<a href='https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-7.jpg'><img loading="lazy" decoding="async" width="635" height="423" src="https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-7.jpg" class="attachment-full size-full" alt="The Leonard Apartments building project 7" srcset="https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-7.jpg 635w, https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-7-480x320.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 635px, 100vw" /></a>

</div>

<a href='https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-8.jpg'><img loading="lazy" decoding="async" width="658" height="403" src="https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-8.jpg" class="attachment-full size-full" alt="The Leonard Apartments building project 8" srcset="https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-8.jpg 658w, https://genesisnphc.org/wp-content/uploads/2025/04/The-Leonard-Apartments-building-project-8-480x294.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 658px, 100vw" /></a>

<p>The post <a href="https://genesisnphc.org/the-leonard-apartments-building-project-is-currently-on-budget-and-on-time/">Leonard Apartments Update!</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
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		<title>Leonard Apartments Groundbreaking</title>
		<link>https://genesisnphc.org/leonard-apartments-groundbreaking/</link>
		
		<dc:creator><![CDATA[Katherine Besaw]]></dc:creator>
		<pubDate>Tue, 17 Dec 2024 14:33:43 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://genesisnphc.org/?p=30100</guid>

					<description><![CDATA[<p>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 administrative offices and has been demolished to allow for the new construction of [&#8230;]</p>
<p>The post <a href="https://genesisnphc.org/leonard-apartments-groundbreaking/">Leonard Apartments Groundbreaking</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>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<br />
administrative offices and has been demolished to allow for the new construction of fifty-five senior apartments. The developer closed in September of 2024 and construction began in October. The expected completion date is December 2025 with stabilized occupancy<br />
by June 2026.</p>
<p>Leonard Apartments will be the new construction of forty-eight one bedroom and seven two-bedroom units for seniors at affordable rents. The development is a joint venture between Genesis Nonprofit Housing Corporation, Dwelling Place of Grand Rapids, and Little<br />
River Band of Ottawa Indians. Both the Grand Rapids and Wyoming Housing Commissions are providing rental assistance to the development so it will be very affordable for our senior households. Several of the units will be reserved for Tribal members of any<br />
federally recognized tribe.</p>
<p>The building will be four stories in height and have eight barrier free type A units. All the units will be visitable. The property will meet Green energy standards. Our experienced development team consists of DeStigter Architecture, Pinnacle Construction<br />
General Contractor, Tim Orlebeke Attorney, Beene Garter Accountant and Real Estate Consultants: Tom Caldwell and Kara Harrison-Gates with Mosaic Community Advisors and George Larimore with Turnstone Services.</p>
<p>Our financing partners include the Kent County through IFF for a first mortgage of $3,280,000, the City of Grand Rapids with a loan of $1.2 million from the Affordable Housing fund, equity of $12.2 million from our partners at Cinnaire, and an $8.2 million<br />
construction loan from Huntington Bank.</p>
<p><a href="https://genesisnphc.org/wp-content/uploads/2024/12/GROUNDBREAKING-Program-.pdf" target="_blank" rel="noopener">Read More here.</a></p>
<p>The post <a href="https://genesisnphc.org/leonard-apartments-groundbreaking/">Leonard Apartments Groundbreaking</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
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		<title>LIHTCs Fund Permanent, Supportive Housing Development in Grandville, Mich.</title>
		<link>https://genesisnphc.org/lihtcs-fund-permanent-supportive-housing-development-in-grandville-mich/</link>
		
		<dc:creator><![CDATA[updatebyRVWS]]></dc:creator>
		<pubDate>Fri, 23 Feb 2024 08:37:42 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://genesisnphc.org/?p=29329</guid>

					<description><![CDATA[<p>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 apartments in September 2014. Located in Grandville, Mich., the development is reserved for tenants [&#8230;]</p>
<p>The post <a href="https://genesisnphc.org/lihtcs-fund-permanent-supportive-housing-development-in-grandville-mich/">LIHTCs Fund Permanent, Supportive Housing Development in Grandville, Mich.</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>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 apartments in September 2014. Located in Grandville, Mich., the development is reserved for tenants with special needs, along with those who suffer from chronic homelessness.</p>
<p>“There are no other permanent, supportive housing developments in Grandville,” said John Wynbeek, executive director of GNPHC. With Genesis Woods apartments complete, the development owner manages 160 units of permanent, supportive housing in Kent County. “Because of the lack of comparable units, we were thinking it would be a challenge to develop in the city,” said Wynbeek. “But the city was very supportive.”</p>
<p><a href="https://genesisnphc.org/wp-content/uploads/2024/02/novogradac_jtc_2015-04_lihtc_pg14-Genesis-Woods.pdf">Read more here. </a></p>
<p>The post <a href="https://genesisnphc.org/lihtcs-fund-permanent-supportive-housing-development-in-grandville-mich/">LIHTCs Fund Permanent, Supportive Housing Development in Grandville, Mich.</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
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		<title>Developers Try, Try, Succeed in Landing LIHTCs for Senior Affordable Housing Property in Grand Rapids, Michigan</title>
		<link>https://genesisnphc.org/developers-try-try-succeed-in-landing-lihtcs-for-senior-affordable-housing-property-in-grand-rapids-michigan/</link>
		
		<dc:creator><![CDATA[updatebyRVWS]]></dc:creator>
		<pubDate>Fri, 23 Feb 2024 08:33:55 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://genesisnphc.org/?p=29325</guid>

					<description><![CDATA[<p>The post <a href="https://genesisnphc.org/developers-try-try-succeed-in-landing-lihtcs-for-senior-affordable-housing-property-in-grand-rapids-michigan/">Developers Try, Try, Succeed in Landing LIHTCs for Senior Affordable Housing Property in Grand Rapids, Michigan</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div class="et_pb_section et_pb_section_0 et_section_regular" >
				
				
				
				
				
				
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				<div class="et_pb_text_inner"><p>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 mid-2025. Difficulties with the plans—which originally included preserving an aging funeral home and building just 38 affordable apartments—created challenges the first two times the developers applied for LIHTCs. However, the delay was a blessing in disguise.</p>
<p><a href="https://genesisnphc.org/wp-content/uploads/2024/02/Leonard-Apartments-Article-use-1.pdf">Read more here.</a></p></div>
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<p>The post <a href="https://genesisnphc.org/developers-try-try-succeed-in-landing-lihtcs-for-senior-affordable-housing-property-in-grand-rapids-michigan/">Developers Try, Try, Succeed in Landing LIHTCs for Senior Affordable Housing Property in Grand Rapids, Michigan</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
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		<title>Developers win $1.4M in tax credits for 55-unit senior housing project in Grand Rapids</title>
		<link>https://genesisnphc.org/developers-win-1-4m-in-tax-credits-for-55-unit-senior-housing-project-in-grand-rapids/</link>
		
		<dc:creator><![CDATA[updatebyRVWS]]></dc:creator>
		<pubDate>Fri, 23 Feb 2024 08:30:49 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://genesisnphc.org/?p=29322</guid>

					<description><![CDATA[<p>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 River Holdings LLC on Thursday were awarded more than $1.4 million in federal LIHTC funding by the [&#8230;]</p>
<p>The post <a href="https://genesisnphc.org/developers-win-1-4m-in-tax-credits-for-55-unit-senior-housing-project-in-grand-rapids/">Developers win $1.4M in tax credits for 55-unit senior housing project in Grand Rapids</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
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										<content:encoded><![CDATA[<p>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.</p>
<p>Co-developers Genesis Non-Profit Housing Corp. in Grand Rapids and Manistee-based Little River Holdings LLC on Thursday were awarded more than $1.4 million in federal LIHTC funding by the Michigan State Housing Development Authority for the Leonard Apartments project. The developers have proposed the 55-unit senior housing project at 851 Leonard St. NW and 850 and 860 Courtney St. NW in Grand Rapids.</p>
<p>John Wynbeek, executive director of Genesis Non-Profit Housing Corp., said the LIHTC credits, when combined with the $1.2 million in American Rescue Plan Act funding the city of Grand Rapids awarded the project in May, now will allow the $16.2 million project to move forward.</p>
<p><a href="https://www.crainsgrandrapids.com/news/real-estate/developers-win-1-4m-in-tax-credits-for-55-unit-senior-housing-project-in-grand-rapids/#:~:text=Developers%20win%20%241.4M%20in,housing%20project%20in%20Grand%20Rapids&amp;text=It%20took%20three%20tries%2C%20but,Genesis%20Non%2DProfit%20Housing%20Corp" target="_blank" rel="noopener">Read more here.</a></p>
<p>The post <a href="https://genesisnphc.org/developers-win-1-4m-in-tax-credits-for-55-unit-senior-housing-project-in-grand-rapids/">Developers win $1.4M in tax credits for 55-unit senior housing project in Grand Rapids</a> appeared first on <a href="https://genesisnphc.org">Genesis Housing Corporation</a>.</p>
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