M E M O R A N D U M TO:

MEMORANDUM
July 1, 2015
TO:
All interested parties of the Low Income Housing Tax Credit Program
FROM:
Andrew Martin
Allocations Manager
Low Income Housing Tax Credit Program
SUBJECT: April 1, 2015 Funding Round Tax Credit Activity
Enclosed is a list of projects that received an award or a conditional award of Tax Credit in the April
1, 2015 funding round. Information provided includes the name and address of the project, project
sponsor and contact person, the maximum amount of credit awarded, total number of units in the
project, and number of tax credit units.
If you have any questions about any of the projects, please contact LIHTC staff at (517) 373-6007.
Enclosure
July 1, 2015
LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT
Page
APRIL 1, 2015 FUNDING ROUND RESERVATIONS
Project #:
Project Name:
Project Address:
Owner Contact:
F15017
Phil Seybert
989.779.9995
Castle St. Johns
Castle St. John LDHA LP
207 Spring Street
805 W. Broadway, Suite 1
Mt. Pleasant, MI 48858
St. Johns, MI 48879
County:
Clinton
Target Units:
Amt Requested:
$360,254
# Bldgs:
Max Amt Awarded:
Elderly
$360,254
# Total Units:
30
# LIHTC Units:
24
Category/Set-Aside Funded In: Open/Rural
Application Date:
Project #:
Project Name:
Project Address:
Self Score:
4/1/2015
115
Owner Contact:
F15010
Year of Credit:
Final Score:
1
2015
101
Jonathan Mead 906.217.3006
Les Cheneaux Apartments
Les Cheneaux LDHA LP
825 S. 26th Street
2501 14th Avenue South
Escanaba, MI 49829
Escanaba, MI 49829
County:
Delta
Target Units:
Category/Set-Aside Funded In:
Application Date:
Project #:
Project Name:
Project Address:
Self Score:
4/1/2015
Amt Requested:
$198,289
# Bldgs:
Max Amt Awarded:
Family
Preservation/Rural
95
$198,268
# Total Units:
36
# LIHTC Units:
36
Owner Contact:
F15026
Year of Credit:
Final Score:
6
2015
83
David Cooper, Jr.
614.396.3200
Portland School
Portland School LDHA LP
306 Brush Street
229 Huber Village Blvd, Suite 100
Westerville, OH 43081
Amt Requested:
Portland, MI 48875
County:
Ionia
Target Units:
Max Amt Awarded:
Family
Category/Set-Aside Funded In: Undesignated/Rural
Application Date:
4/1/2015
Self Score:
105
$543,980
# Bldgs:
$543,980
# Total Units:
29
# LIHTC Units:
29
Year of Credit:
Final Score:
2015
88
1
1
July 1, 2015
LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT
Page
APRIL 1, 2015 FUNDING ROUND RESERVATIONS
Project #:
Owner Contact:
F15025
David Cooper, Jr.
614.396.3200
Project Name:
Grand View Place
Grand View Place LDHA LP
Project Address:
936 Front Ave NW
229 Huber Village Blvd, Suite 100
Westerville, OH 43081
Amt Requested:
$1,213,362
# Bldgs:
Max Amt Awarded:
Family
$1,213,362
# Total Units:
68
# LIHTC Units:
68
Grand Rapids, MI 49504
County:
Kent
Target Units:
Category/Set-Aside Funded In: Undesignated/Distressed
Application Date:
Project #:
Project Name:
Project Address:
Self Score:
4/1/2015
131
Owner Contact:
F15021
138, 349, 343 and 303 South Division Avenue
101 Sheldon Blvd, Suite 2
and 344 Commerce SW
Grand Rapids, MI 49503
Kent
Category/Set-Aside Funded In:
Project #:
Project Name:
Project Address:
Self Score:
4/1/2015
2015
128
616.454.0928
LCH36 LDHA LP
Target Units:
Application Date:
Dennis Sturtevant
LCH36 Redevelopment Project
Amt Requested:
$731,900
# Bldgs:
Max Amt Awarded:
Family
$731,900
# Total Units:
49
# LIHTC Units:
49
PSH/Distressed
Year of Credit:
Final Score:
Grand Rapids, MI 49503
County:
Year of Credit:
Final Score:
2
146
Owner Contact:
F15015
5
2015
145
Tracey Katzen 248.615.1313
Grandview Marquette, The
600 Altamont LDHA LP
600 Altamont Street
23370 Commerce Drive
Farmington Hills, MI 48335
Amt Requested:
$1,496,189
# Bldgs:
Max Amt Awarded:
Family
$1,494,701
# Total Units:
56
# LIHTC Units:
56
Undesignated/Rural
Year of Credit:
Final Score:
Marquette, MI 49855
County:
Marquette
Target Units:
Category/Set-Aside Funded In:
Application Date:
4/1/2015
Self Score:
142
2015
125
1
2
July 1, 2015
LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT
Page
APRIL 1, 2015 FUNDING ROUND RESERVATIONS
Project #:
Project Name:
Project Address:
Owner Contact:
F15022
Dennis Sturtevant
616.855.0410
Roosevelt Apartments
Roosevelt LDHA LP
525 W. Summit
101 Sheldon Blvd, Suite 2
Grand Rapids, MI 49503
Amt Requested:
$1,097,958
# Bldgs:
Max Amt Awarded:
Family
$1,097,958
# Total Units:
52
# LIHTC Units:
50
Muskegon Hts, MI 49444
County:
Muskegon
Target Units:
Category/Set-Aside Funded In: Undesignated/Nonprofit
Application Date:
Project #:
Project Name:
Project Address:
Self Score:
4/1/2015
128
Owner Contact:
F15005
Year of Credit:
Final Score:
Kirsten Elliott
1
2015
108
248.269.1302
Unity Park Rentals III
CHN Unity Park III LDHA LP
Scattered Sites
570 Kirts BLVD, Suite 231
Troy, MI 48084
Amt Requested:
$284,495
# Bldgs:
12
Max Amt Awarded:
Family
$284,495
# Total Units:
12
# LIHTC Units:
12
PSH/Nonprofit
Year of Credit:
Final Score:
Pontiac, MI 48342
County:
Oakland
Target Units:
Category/Set-Aside Funded In:
Application Date:
Project #:
Project Name:
Project Address:
Self Score:
4/1/2015
116
Owner Contact:
F15016
Phil Seybert
2015
114
989.779.9995
Mill Point Place
Cutler View LDHA LP
400 Liberty Street
805 W. Broadway, Suite 1
Mt. Pleasant, MI 48858
Amt Requested:
$296,393
# Bldgs:
Max Amt Awarded:
Elderly
$296,393
# Total Units:
24
# LIHTC Units:
19
Open/Rural
Year of Credit:
Final Score:
Spring Lake, MI 49456
County:
Ottawa
Target Units:
Category/Set-Aside Funded In:
Application Date:
4/1/2015
Self Score:
105
2015
105
1
3
July 1, 2015
LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT
Page
APRIL 1, 2015 FUNDING ROUND RESERVATIONS
Project #:
Project Name:
Project Address:
Owner Contact:
F15020
Pete Potterpin 517.347.9662
Manistique Lakeview Apartments
PK Lakeview Apartments LDHA LP
701 Park Avenue
1784 Hamilton Road
Okemos, MI 48864
Amt Requested:
$253,284
# Bldgs:
Max Amt Awarded:
Family
$253,284
# Total Units:
40
# LIHTC Units:
39
Manistique, MI 49854
County:
Schoolcraft
Target Units:
Category/Set-Aside Funded In: Preservation/Distressed
Application Date:
Project #:
Project Name:
Project Address:
Self Score:
4/1/2015
85
Owner Contact:
F15024
Year of Credit:
Final Score:
David Cooper, Jr.
5
2015
85
614.396.3200
Cavalier Greene
Cavalier Greene LDHA LP
106 South Shiawassee Street
229 Huber Village Blvd, Suite 100
Westerville, OH 43081
Amt Requested:
$544,439
# Bldgs:
Max Amt Awarded:
Family
$543,953
# Total Units:
40
# LIHTC Units:
40
Open/Distressed
Year of Credit:
Final Score:
Corunna, MI 48817
County:
Shiawassee
Target Units:
Category/Set-Aside Funded In:
Application Date:
Project #:
Project Name:
Project Address:
Self Score:
4/1/2015
112
Owner Contact:
F15013
1
2015
107
Matthew Hollander
269.388.4677
Gateway Village Sturgis
Sturgis Housing LDHA LP
101 Gateway Village Drive
1822 W. Milham Ave, Suite 1-C
Portage, MI 49024
Amt Requested:
$487,799
# Bldgs:
Max Amt Awarded:
Family
$487,799
# Total Units:
100
# LIHTC Units:
80
Sturgis, MI 49091
County:
St. Joseph
Target Units:
Category/Set-Aside Funded In:
Application Date:
4/1/2015
Self Score:
Preservation/Distressed
100
Year of Credit:
Final Score:
2015
102
12
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July 1, 2015
LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT
Page
APRIL 1, 2015 FUNDING ROUND RESERVATIONS
Project #:
Owner Contact:
F15012
Joshua Hafron 312.644.6396
Project Name:
Berkshire - Paw Paw
Berkshire Paw Paw LDHA LLC
Project Address:
308 E. Michigan Ave
212 West Kinzie
Chicago, IL 60654
Paw Paw, MI 49079
County:
Van Buren
Target Units:
Amt Requested:
$808,682
# Bldgs:
Max Amt Awarded:
Elderly
$808,682
# Total Units:
42
# LIHTC Units:
42
Category/Set-Aside Funded In: Open/Distressed
Application Date:
Project #:
Project Name:
Project Address:
Self Score:
4/1/2015
113
Owner Contact:
F15003
Year of Credit:
Final Score:
Eric Walker
1
2015
114
614.273.3734
Clark East Towers
Clark East LDHA LP
1550 East Clark Road
2245 North Bank Drive
Columbus, OH 43220
Ypsilanti, MI 48198
County:
Washtenaw
Target Units:
Category/Set-Aside Funded In:
Application Date:
Project #:
Project Name:
Project Address:
Self Score:
4/1/2015
# Bldgs:
Max Amt Awarded:
Elderly
$1,194,064
# Total Units:
200
# LIHTC Units:
199
Preservation/Distressed
104
Owner Contact:
Year of Credit:
Final Score:
Zachary Fosler 734.482.4300
New Parkridge LDHA LP
602-699 Armstrong Drive and
601 Armstrong Drive
503-577 First Court
Ypsilanti, MI 48197
Washtenaw
Category/Set-Aside Funded In:
4/1/2015
Self Score:
1
2015
89
New Parkridge Homes
Target Units:
Application Date:
$1,194,064
F15014
Ypsilanti, MI 48197
County:
Amt Requested:
Amt Requested:
$1,468,000
# Bldgs:
34
Max Amt Awarded:
Family
$1,466,833
# Total Units:
86
# LIHTC Units:
86
PSH/Distressed
Year of Credit:
Final Score:
144
2015
137
5
July 1, 2015
LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT
Page
APRIL 1, 2015 FUNDING ROUND RESERVATIONS
Project #:
Project Name:
Project Address:
Owner Contact:
F15039
Patrick Dorn
313.831.0199
Architects Building
Arch Bldg II LDHA LP
415, 422 and 426 Brainard
3535 Cass Ave
Detroit, MI 48201
Detroit, MI 48201
County:
Wayne
Target Units:
Amt Requested:
$376,498
# Bldgs:
Max Amt Awarded:
Family
$376,498
# Total Units:
51
# LIHTC Units:
51
Category/Set-Aside Funded In: Preservation/Distressed
Application Date:
Project #:
Project Name:
Project Address:
Self Score:
4/1/2015
121
Owner Contact:
F15023
Year of Credit:
Final Score:
2
2015
110
Bob Jacobson 734.769.1428
Bonita Lofts
Bonita Lofts LDHA LLC
69 Seward
35 Research Dr, Ste 300
Ann Arbor, MI 48103
Detroit, MI 48202
County:
Wayne
Target Units:
Category/Set-Aside Funded In:
Application Date:
Project #:
Project Name:
Project Address:
Self Score:
4/1/2015
Amt Requested:
$511,667
# Bldgs:
Max Amt Awarded:
Family
$507,850
# Total Units:
22
# LIHTC Units:
17
Undesignated/Distressed
115
Owner Contact:
F15040
Year of Credit:
Final Score:
Patrick Dorn
1
2015
80
313.831.0199
Mt. Vernon
Mt. Vernon II LDHA LP
677 W. Alexandrine
3535 Cass Ave
Detroit, MI 48201
Detroit, MI 48201
County:
Wayne
Target Units:
Category/Set-Aside Funded In:
Application Date:
4/1/2015
Self Score:
Amt Requested:
$281,392
# Bldgs:
Max Amt Awarded:
Family
$281,392
# Total Units:
45
# LIHTC Units:
45
Preservation/Distressed
107
Year of Credit:
Final Score:
2015
104
1
6
July 1, 2015
LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT
Page
APRIL 1, 2015 FUNDING ROUND RESERVATIONS
Project #:
Project Name:
Project Address:
Owner Contact:
F15033
Gerald A. Krueger
313.881.8150
Ryan Court Apartments
Ryan Court 2013 LDHA LLC
2425 Ewald Circle
20250 Harper Avenue
Detroit, MI 48225
Detroit, MI 48238
County:
Wayne
Target Units:
Amt Requested:
$1,121,052
# Bldgs:
Max Amt Awarded:
Family
$1,121,052
# Total Units:
72
# LIHTC Units:
72
Category/Set-Aside Funded In: Undesignated/Distressed
Application Date:
Project #:
Project Name:
Project Address:
Self Score:
4/1/2015
Year of Credit:
Final Score:
110
Owner Contact:
F15035
T. Van Fox
5
2015
100
248.833.0550
Adams Senior Village
Adams Senior Village II/MHT LDHA LLC
2001 Kaley Avenue
32600 Telegraph Road, Suite 102
Bingham Farms, MI 48025
Westland, MI 48186
County:
Wayne
Target Units:
Amt Requested:
$743,818
# Bldgs:
Max Amt Awarded:
Elderly
$743,818
# Total Units:
120
# LIHTC Units:
120
Category/Set-Aside Funded In: Preservation/Elderly
Application Date:
4/1/2015
Self Score:
100
Total Amount Awarded: $14,006,536
Year of Credit:
Final Score:
2015
80
12
7