Type of Housing
Permanent Supportive Housing, Rehabilitation
Development Cost
$16.5 million
Financing
Federal tax credit equity
Federal Home Loan Bank funds
Energy tax credits
Investor
JPMorgan Chase Bank, N.A.
Cinnaire Investment Corporation
Red Stone Equity Partners
Norstar Role
Turnkey Developer
Partner
Ann Arbor Housing Commission
Norstar Building Corporation Role
General Contractor