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Holland OKs affordable housing investment
Holland City Council unanimously approved a tax increment financing plan for a development by SJR Land Development on Sherwood Ave and M-40. The project includes senior housing, mixed use office space, and a 216 unit apartment building with rents tied to 80 percent AMI. City funds near 2.7 million would back a nearly 57 million project, with construction likely this year and tax revenues projected to rise about 160 thousand annually.
MENTIONED IN THIS ARTICLE
Holland
Holland City
SJR Land Development
Sherwood Ave
City of
Keith van Beek
Council
van Beek
Ward 1
Myron Trethewey
Trethewey
Wayne Klomparens