Most apartments in complex near Detroit’s New Center will have $454 to $945 monthly rent – Detroit Free Press

An artistic rendering of the Milwaukee Junction Apartments set to open May 2021. It will offer 20 affordable housing units near Detroit's New Center neighborhood.(Photo: City of Detroit)

Affordable housing is coming to Detroit's Milwaukee Junction neighborhood in 2021 toaddressincreasing rent in the New Center area, the city of Detroit announced Tuesday.

Twenty out of 25 units in the new Milwaukee Junction Apartmentswill have monthly rent ranging from $454 to $945 based onaverage median income with water bills included. Construction beganon thefour-story development in May and will costabout $8 million, according to a news release.

The building is expected to open May 2021.

We know that those who are making the least sometimes need the most help, said Cleophus Bradley, director of community development for the Detroit Catholic Pastoral Alliance,in the release. The faith-based nonprofit is developing the apartments with Bingham Farms-based MHT Housing, a nonprofit housing organization.

We also believe that affordable housing done right, that does the most good, means creating housing options that are every bit as good as non-affordable housing," he said. "Just because they cannot afford to pay more does not mean they deserve less."

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The Michigan State Housing Development Authority'sLow-Income Housing Tax Credits program, the city's Housing and Revitalization Department and the Detroit Housing Commission arehelping financethe development.

The property will be required to remain affordable for at least 30 years.

It is so important that we create developments and neighborhoods with Detroiters of all walks of life together instead of sectioning off people based on their income. It also creates affordable housing opportunities in an area experiencing rising rents,"Donald Rencher, director of the Housing and Revitalization Department, said in the release.

The22,845 square-foot building at258 E.Milwaukee St. will be within walking distance of bus and QLINE stops.About 1,800 square feet ofretail space is planned for the ground floor.

Units will include central air conditioning, in-unit washers and dryers and energy efficient LED lighting.The building also will feature a community area for residentsand rooms formail, bike storageandmechanical equipment.

When it is completed, this project will give Detroiters who may have felt they'd never be able to afford to live in a new building in a growing neighborhood the opportunity to do so,"Mayor Mike Duggan saidin the release.

In March, the city announced a six-team Preservation Partnership to maintain 10,000 affordable housing units with federal tax creditsthat are set to expire.The public-private partnership will identify buildings that can offer low-income rent based on the condition of the building and helpredevelop them.

Last year, the Detroit Catholic Pastoral Alliancebuilt a $9.5 million,36-unit affordable housing development on 9100 Gratiot Ave., near Eastern Market. After seeing the cost of rentgo up in and around the New Center area, the group decided to increase affordable housing in the neighborhood, Bradley said.

Continental Construction andManagement, a subsidiary of MHT Housing, will manage the new building.

Contact Nushrat Rahman: nrahman@freepress.com or 313-348-7558. Follow her on Twitter: @NushratR.Become a subscriber.

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Most apartments in complex near Detroit's New Center will have $454 to $945 monthly rent - Detroit Free Press