Project:
Flint Homeownership Initiative
Project Details
- Year Completed: 2024
- Use: Residential
- Square Footage: 8,000
- Total Invesment: $1,900,000
- Housing Units: 6
- Buildings: 4
- Website: https://michigancommunitycapital.org/new-homes-under-construction-in-flints-historic-carriage-town-neighborhood/
Project Description
Six new houses were built in Flint’s Carriage Town neighborhood through a partnership between URC and Michigan Community Capital. Flint Home Ownership Initiative, LLC developed these homes on three Genesee County Land Bank Authority-owned parcels. By developing houses on these strategic parcels within the neighborhood, project partners strive to promote homeownership, generate long-term tax revenue for the city, help stabilize the local residential housing market, build on the neighborhood’s strong sense of community, and model sustainable finance structure for future investments in Carriage Town.