Posted Feb 20, 2018, 7:53 PM
|
 |
Registered User
|
|
Join Date: May 2012
Location: Metropolitan Detroit
Posts: 712
|
|
Quote:
Nonprofit aims to renovate Pontiac middle school for affordable senior housing
By ANNALISE FRANK
Crain's Detroit Business
February 20, 2018
A vacant school in Pontiac could get a makeover as an affordable senior living complex.
Venture Inc., a subsidiary of the nonprofit Oakland Livingston Humane Service Agency, is planning a $10.9 million renovation of the 108,000-square-foot Washington Middle School at 710 Menominee Rd.
Venture aims to preserve the two-story building built in the 1920s, and is looking at low-income housing tax credits and state historic tax credits — if Venture can get it designated as a Michigan historic site — to fund the project, said Brad Michaud, president of Venture and chief financial officer of OLHSA.
Venture would aim to buy the building from its current owner after funding comes through, and then start renovations this fall and expect to finish in late 2019, Michaud said.
|
http://www.crainsdetroit.com/article...ordable-senior
__________________
“Mike, you got it? No f**king crazy talk from anybody in the administration.” (Trump to Pence on the eve of the US - DPRK Hanoi summit)
Says the pot to the kettle in a moment of self projection
|