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Snyder, state officials tour Grandview Marquette, former orphanage | News, Sports, Jobs

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Marquette Mayor Dave Campana introduces Snyder at a press meet after his tour of the apartments, and explains the importance of providing affordable housing in close proximity to the downtown area. (Journal photo by Rachel Oakley) Marquette Mayor Dave Campana introduces Snyder at a press meet after his tour of the apartments, and explains the importance of providing affordable housing in close proximity to the downtown area. (Journal photo by Rachel Oakley) Snyder speaks with Roger Curtis, Director of Talent and Economic Development for the State of Michigan outside of the Grandview Marquette , which is still undergoing construction. The apartments are intended to give low-income individuals in Marquette easier access to opportunities in the downtown area. The project is expected to be completed this fall. (Journal photo by Rachel Oakley) MARQUETTE — Gov. Rick Snyder and other state officials Wednesday morning toured the affordable housing development Grandview Marquette , whi...

What price is affordable? Luxury apartments at a discount — sort of

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To Alice Fonseca, getting an apartment at The Beverly building downtown would be like winning the lottery. The 14-story project, set to open near North Station early next year, isn’t quite like all the other luxury housing that has sprouted up in downtown Boston recently . Every one of its 249 units will rent at below-market rates, with a one-bedroom starting at $900 a month for tenants of modest incomes. That’s about a third to half the cost of a similar unit just across the street. Advertisement “It’s a beautiful area , a dream area,” said Fonseca, who currently lives near Franklin Park, and will enter a lottery later this year that will choose The Beverly’s tenants. Instead of the usual mix of a few low- income units amid high -priced apartments, The Beverly is the first new complex in Boston composed entirely of “workforce housing,” an emerging category of midpriced housing with more affordable rents and wider income restrictions . The Beverly is setting aside 20 percent of its...

10 Years Later: Thunder Valley Celebrates Its First Decade by Looking Forward

The Oglala- led community development corporation looks for solutions that grow out of local experience. Food sovereignty, youth leadership, and social enterprise drive the organization, which has an ambitious plan to build a model sustainable community on the Pine Ridge Reservation . Share This: As the organization celebrates its 10 th anniversary, a Native American community development corporation started by young people is building an ambitious, authentically Lakota rural community from the ground up on the Pine Ridge Reservation . “Whether it’s food poverty, or the lack of jobs, or the huge housing shortage here at Pine Ridge, we start by asking why we haven’t figured it out. Where are the gardens? Where are the homes? It’s like no one had ever questioned these things,” said Jennifer Irving, Director of Regional Equity for the Thunder Valley Community Development Corporation . Thunder Valley describes itself as a “ grassroots community development corporation guided by th...

State housing agency OKs financing for Lippitt Mill project - News - providencejournal.com

Christine Dunn Journal Staff Writer ChristineMDunn PROVIDENCE, R.I. — Commerce Secretary Stefan Pryor on Thursday morning lauded a vote by the Rhode Island Housing Board of Commissioners to approve final financing for the Lippitt Mill Apartments development in West Warwick. The mill, the second-oldest in Rhode Island, will be reused as 65 apartments, including 28 affordable units , Eric Shorter of Rhode Island Housing told the board. The total project cost is $15.9 million, including $2.3 million in Rebuild RI tax credits . Developer Kristopher Shaw said there will be a groundbreaking this fall, and he hopes construction will be completed by next summer. Board member Kevin Orth said that in addition to providing needed mixed - income housing , the project includes the preservation of a site with "historical and cultural significance," and it will also accomplish environmental remediation of the property. Currently vacant and uninhabitable, the site requires freq...

RIHousing Invests $63.8 Million in Four Developments, 436 Units, 350 Jobs Supported

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August 22, 2017 http://www.rhodeislandhousing.org/ Providence, RI – The RIHousing Board of Commissioners approved $63.8 million in investments that will create or preserve 436 homes, support 350 jobs and significantly improve developments in West Warwick, Pawtucket, Providence and North Providence. “Housing is not only essential for a healthy economy, it is the foundation of strong communities,” said Barbara Fields, Executive Director of RIHousing. “While these four developments will have a significant impact on many families and an even broader impact on the Rhode Island economy , we still have more work to do. We look forward to continuing our push to increase and maintain the local supply of housing to help Rhode Island’s families and businesses thrive.” Lippitt Mill Apartments in West Warwick was approved for $9 million in financing to preserve the mill and build 65 new apartments, 28 of which will be income-restricted. Lippitt Mill is the state’s second-oldest mill and is curren...

Why Seattle Builds Apartments, but Vancouver, BC, Builds Condos

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When it comes to condominium development , Cascadia’s two largest cities couldn ’t be more different. Last year nearly 60 percent of new housing starts in the city of Vancouver, BC , were condominiums; meanwhile, Seattle saw no new condominium buildings open . And that’s not changing anytime soon: less than 10 percent of all building slated for downtown Seattle in the next three years will be condos. What’s the difference—why the blossoming of condominium construction in one city and the almost complete dearth in the other? The short answer is economics. In Vancouver, apartments are saddled with an unfavorable tax code , making condos the more lucrative multi- family housing investment even despite high rental demand . In Seattle’s skyrocketing rental market , one that’s climbed even faster than the condo market in recent years, apartment buildings are much more financially attractive, while condos come with bigger risks and, typically, lower returns. Compounding this profit differe...

Developers get ready to file formal plans for new apartments next to Mattapan Square T stop

Developers this week signaled their formal intent to replace a parking lot next to the Mattapan Square trolley station with a two-building, 144-unit mixed- income development . In a letter to the BPDA, Preservation of Affordable Housing and Nuestra Comunidad Development Corp ., said the bulk of the $57-million project would be in one six- story building housing housing 135 apartments , from studios to three-bedrooms, with a mix of affordable and market-rate units.. A second, four- story building , planned for latter in development, would house nine condos. The two groups won development rights to the 2.6-acre parcel, which runs along River Street near the Mattapan High-Speed Line, from the MBTA. The project includes 50 parking spaces for T riders - and 70 for project residents - in an underground garage. By submitting the letter, they indicated they would file more detailed plans within two months. Letter of intent (973k PDF).

What’s equity got to do with health in a higher-density city?

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This article is the last of a series of articles based on new research into the place of lower-income and disadvantaged households in a compact city. More and more of us living in denser cities where apartments and high-rise developments are increasingly common. This creates specific health concerns for residents of these areas, and for lower-income households in particular. We already know socioeconomic status is closely related to health and wellbeing. The importance of equity was highlighted in the 2016 Boyer Lectures. Entitled Fair Australia : Social Justice and the Health Gap, the lectures were delivered by a world leader in health inequality research , Professor Sir Michael Marmot . Further reading: Social determinants – how class and wealth affect our health Marmot examined the challenges for poor communities in achieving good health from early life to old age. His message focused on the social determinants of health. And the built environment , including its environmental co...