Dive Brief:
- Good news about Detroit is rare, but a coalition of non-profit and for-profit entities have broken ground on the rehabilitation of two early 20th-century apartment buildings into 47 apartments of affordable housing.
- The buildings are believed to date from 1918 and 1924 and are in an area known as the Cass Corridor in Midtown Detroit.
- Cass Corridor Neighborhood Development Corp. and Ginosko Development Corp. are orchestrating the $17 million project, which has Rohde Construction Co. as the general contractor.
Dive Insight:
The project was put together with money from state, county and city programs and the use of historic tax credits.