GRAND RAPIDS — A West Michigan real estate firm has moved to settle a federal civil lawsuit alleging it engaged in racketeering and other fraudulent activities by charging higher rents at properties once intended for affordable housing.

GRAND RAPIDS — A lawsuit filed last week alleges a West Michigan real estate firm engaged in racketeering and other fraudulent practices in order to charge higher rents at properties intended for affordable housing.

GRAND RAPIDS — The conversion of several low-income properties to market-rate apartments by a West Michigan-based property investor has raised concerns in Lansing and Washington, D.C. 

Published in Economic Development