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Displaying items tagged: New Development Corp

Sunday, 08 May 2022 18:28

Increasing home energy efficiency funding confronts lack of available contractors

Clean energy and housing advocates in Michigan are working to spend down an increasing amount of weatherization funds with a shrinking pool of contractors at their disposal. 

Published in Energy
Sunday, 13 September 2020 17:51

GR nonprofits seek land bank properties, state legislation to grow affordable housing stock

GRAND RAPIDS — Local housing nonprofits are beginning to vet dozens of vacant properties made available through the state’s Land Bank Authority in an effort to fill the city’s need for affordable housing.

Monday, 31 August 2020 16:16

Housing nonprofits able to purchase, develop affordable housing on vacant GR properties

GRAND RAPIDS — Nonprofit housing organizations will now have the ability to purchase and redevelop up to 60 different foreclosed properties for affordable housing projects.

Published in Nonprofits

Sunday, 29 July 2018 19:37

Grand Rapids shifts to working with nonprofits for tax foreclosed properties

GRAND RAPIDS — A change in policy implemented earlier this month by the City of Grand Rapids could boost inventory for affordable housing organizations.

Published in Economic Development
Sunday, 13 May 2018 19:00

Housing developers struggle with ROI for costly abatements

GRAND RAPIDS — When New Development Corp. rehabilitates older homes before selling them to qualified low-income families, the organization takes great care to remove contaminants like lead.